ETH is consolidating nicely above the 3.1k mark after that strong impulsive rally. The sellers have been trying to cap the upside, but the momentum still looks intact. As long as the 3k support holds firm, this consolidation phase should set up the next leg higher. If we see a break back above 3.3k, then 3.6k becomes the next target to watch.
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Ramen_Until_Rich
· 12-18 15:10
Holding at 3k is fine, just waiting for the moment when it breaks 3.3k
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MiningDisasterSurvivor
· 12-18 14:04
If you can't hold 3k, don't talk about the next wave. I've heard this same excuse in 2018, and in the end, it still ended up crashing to the ground.
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FOMOrektGuy
· 12-15 19:02
If 3k can't be broken, it's definitely going to take off. This time, I really feel it.
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LiquiditySurfer
· 12-15 18:46
3.1k this wave of consolidation is interesting, the bears can't hold the top... It's a real problem if 3k can't be broken.
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SchrodingerWallet
· 12-15 18:44
If I can't break 3k, I'll just wait and watch the show. Why are sellers so anxious about the rebound being so strong?
ETH is consolidating nicely above the 3.1k mark after that strong impulsive rally. The sellers have been trying to cap the upside, but the momentum still looks intact. As long as the 3k support holds firm, this consolidation phase should set up the next leg higher. If we see a break back above 3.3k, then 3.6k becomes the next target to watch.