Ethereum
2025-01-02
Category: None

The resistance level at $4165 has not been fully consumed yet. As long as the support area at $2982.5 holds, we can expect a bullish trend similar to the previous scenario.

Currently, the probability of a bearish scenario and the consumption of the $2982.5 support level is much higher. If this support zone is consumed, we can expect to see the $2700 price range as well.

At the moment, the $3060 and $2700 price zones are considered low-risk areas for buying Ethereum. What’s your take on this?