A decent liquidity cluster for $ETH is building around the $4,000 level.
The upside liquidity has been mostly taken out during the recent move.
If Bitcoin dominance shows more strength, Ethereum could sweep the downside liquidity.
My friend @EricTrump is saying the flood gates are opening” and “Bitcoin will hit $1,000,000”.
“I talk to the biggest companies, the biggest families in the world and every single one of them is racing to buy Bitcoin.”
Cathie Wood on $BTC vs $ETH:
Bitcoin will remain bigger. It’s the global rules-based monetary system, a layer-1 that’s never been hacked, and the first of a new asset class. Ethereum powers DeFi but faces growing competition from layer 2s.
-The Master Investor Podcast with…
Ethereum has dropped 20% in two weeks
$ETH RSI is in its most oversold territory since the April lows.
The last time $ETH was this oversold, it rallied 134% in two months.
It has bounced nicely off the $3,800-$3,900 level, which if it wants to remain bullish, must hold this…
$ETH liquidity heatmap is showing decent long liquidations around the $3,700-$3,800 level.
This level could be revisited again before Ethereum shows any recovery.
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