On the 4-hour chart, Ethereum’s price action offers intriguing clues. Currently, the price seems to be slowly retracing the last impulsive move that grabbed liquidity.
Ethereum, like most major cryptocurrencies, is navigating through an interesting market structure that offers opportunities—but also risks. Let’s break down what we’re seeing across different
Yesterday, we observed a bullish structure on the H1 timeframe (each candlestick representing one hour). True to the analysis, Ethereum retraced to a demand zone
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