Super

Good day!

We did not see a proper reaction after the recent buyback of the drop in ETH. We only see it being pushed down again. This suggests that the buyback was insufficient for a real price increase.

We are consolidating under the 0.38 level, which is negative. I believe that the decline will continue towards the 0.61 (3000$) level, and from there a real price reversal will begin. Last week clearly closed negatively, and it won't be easy to buy it back. At least not from the current prices.

I will be buying ETH again at 3000. For now, I will take a short position on it.

I am providing trades on futures. More details in the pinned post of the profile.