
Daan Crypto Trades|Jun 16, 2025 15:01
ETH Price action is compressing right below this big 2.8K level.
If we'd see a convincing break above 2.8K and hold there, that would be a good setup for a move to the cycle highs around ~4K.
If we do lose this current range then 2.1K is the big high timeframe level to watch.
No reason to get over excited in either direction until this current consolidation/compression resolves.
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