$ETH - Crucial Level To Hold
2025-01-19
Category: None

On the daily chart, we can see that the price is struggling to advance past the 3.5k level

In my opinion, this is the final resistance before reaching an all-time high (ATH). If we can reclaim this level, the entire structure will shift, leaving us with a triple top acting as a magnet at 4.1k.

Otherwise, we might see the price filling the wick down to 3k (crucial level to hold), at least by 50%, or we could see a decline towards the 2.7k - 2.4k area