Ethereum stumbles in the middle of the dance! đ
- Ethereum approached the 2.8K $ resistance after breaking through the middle of the falling price channel, but paused a bit.
- Movements at this level will determine ETH's medium-term path. If the buyers overcome the pressure, the rise may continue.
- On the daily chart, ETH price pulled back slightly to $2.8K. This level is a key battleground for buyers and sellers.
- On the 4-hour chart, ETH's rise slowed down and encountered resistance at the 2.6K $ -2.8K $ Fibonacci zone.
- Onchain analysis shows that sellers are aggressive, but buyers have been gaining strength recently.
What do you think about the future of ETH? Let's meet in the comments! đđŹ
