ETH
2025-01-08
Category: None

Macro structure on the Daily flipped bearish in December. Trend tried to re claim the previous lows which was a bullish move though wasn't able to sustain the momentum and failed on retest.

Extremely bearish conditions with imbalances and balance price range acting as resistance.

Best case scenario would be accumulation at the current level and then trend cover resistances with volume in other case we could see deeper correction