#ETHUSDT
Let me tell you about ETH, as the future movement of altcoins depends on it 📊
The price has tested the OB on the 4-hour chart twice already, and I don’t think it will drop below $3,700. Ideally, we’d see a sideways movement within the $3,750-$3,830 range before breaking upwards. The nearest target is a sweep at $3,977, where a lot of shorts have placed their stops, so I expect the price to reach this level quickly. After that, I'd like to see consolidation above this area, followed by a move towards $4,300 and higher.
The market isn't very volatile right now, but it's just a matter of time. Fresh news might come out tomorrow and the market could start moving upwards rapidly. It’s still boring with no significant volatility, but the key is to wait patiently. Today, I’ll be taking some altcoins long and will share the trade later ‼️
