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📊 Analysis: ETH 1 Day.
Ethereum – Daily Timeframe Update
As expected, ETH delivered a healthy correction into the key support zone and is currently reacting around this area 📉
However, based on current price behavior, there’s no strong bullish momentum yet‼️
Most likely, we’ll see a few weeks of sideways consolidation within this range before any decisive move.
For long-term investors with a multi-year horizon, Ethereum remains a strong candidate, especially if price trades in the $1,800 – $1,600 accumulation zone.
$ETH
{spot}(ETHUSDT)
#ETH