$ETH UPDATE 🚩🔽 Same fake breakout happened again in ETH—a
CryptoPotato
Updated at: 7 hours ago
{"content":"$ETH UPDATE 🚩🔽
Same fake breakout happened again in ETH—and once again, it dipped hard by 8.2%. As we approach month-end, my view remains unchanged.
#ETH is following the same correction path it was on earlier. It was already moving downward, but Bitcoin’s ( $BTC ) brief upward move pulled ETH up temporarily (already highlighted that scenario).
Now, ETH has resumed the same pattern. On the 4H timeframe, the downtrend has already started, and on the daily timeframe, it will likely confirm tomorrow or by Monday next week.
However, it’s important to understand that on the higher timeframes, ETH began an upward trend last week—so there’s still room for upward momentum.
Just be cautious on the lower timeframes so you don’t get liquidated.
{spot}(BTCUSDT)
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