ETH, the next possible scenario trend, pay attention to the area of $2800-2750 as a possible rebound zone. The key low point is $2791, and after breaking through this level, a new squeeze upward trend will be welcomed. The primary target is $3700.

The rebound from the demand zone for ETH/BTC indicates a bullish trend. The breakthrough of ETH/BTC on the daily chart is favorable for ETH, and it is beneficial for altcoins in the coming months. I believe that ETH/BTC has bottomed out, and in the next few months, we will see a strong performance of Ethereum. Despite the declining lows, I do not deny that ETH will once again touch the local low point of $2800.

$ETH valued at 10k will eventually come

Recording my daily trading, sharing the most immediate thoughts and trading details, updated every trading day.

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