Ethereum Analysis 🚀
Ethereum is currently moving within a descending channel, resembling a bullish flag pattern, suggesting a potential trend continuation. In such patterns, we might trade within the boundaries for an extended period. Here are the price levels to watch:
1. $1,880: The lower boundary of the buyer's block could trigger a strong reaction, leading to an upward movement.
2. $1,784 and $1,713: If the level isn't sustained, these are excellent entry points.
Target: Ethereum's move to the upper boundary of the bearish flag around $2,289.
Note: I don't consider the current market as a bullish one and prefer caution, anticipating a move to $25,000 rather than $60,000. #ETH #BTC $ETH