When analyzing weekly charts of Ethereum and Bitcoin, a clear consolidation period has been observed over the past three weeks. Price action suggests that a strong move may be imminent.
The key target zone for Ethereum is highlighted at the $4600 level. Technical indicators generally continue to signal positive momentum, supporting a bullish outlook.
Considering volume profiles and price structure, it appears important for market participants to closely monitor these levels. The coming weeks could be critical.
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DegenWhisperer
· 4h ago
The 4600 level sounds good, but I don't know when it will actually break through.
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WhaleInTraining
· 4h ago
Talking about consolidation again, you say this every time... Can 4600 really be broken?
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FUDwatcher
· 4h ago
Wait, is $4600 the bottom line? I think we need a breakout for this wave.
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ChainChef
· 4h ago
so eth's basically been simmering in its own juices for three weeks... 4600 is looking like the plating point ngl. recipe's almost ready to serve 🍳
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FUD_Whisperer
· 5h ago
It's the same consolidation narrative every week, I'm tired of hearing it... Can 4600 really be broken? I'd love to see it happen.
When analyzing weekly charts of Ethereum and Bitcoin, a clear consolidation period has been observed over the past three weeks. Price action suggests that a strong move may be imminent.
The key target zone for Ethereum is highlighted at the $4600 level. Technical indicators generally continue to signal positive momentum, supporting a bullish outlook.
Considering volume profiles and price structure, it appears important for market participants to closely monitor these levels. The coming weeks could be critical.