The price is moving according to the expectations from the previous review; the scenario of forming a local downward correction is still relevant. The most likely target is 70000.00. I expect an entry into the marked area followed by a bounce.
🪙 I recorded a marketing breakdown and outlined my further expectations regarding the chart. I answered all your questions inside the video—please start reviewing it. 🖥 $BTC
$MUBARAK Logic of operation by the setup: what to do — after a breakout of the sales zone, we target higher for a run on the high from a false breakout; then we move the stop to breakeven and try to pull out the maximum!
📊 #BTC — I recorded a short video update for this chart. Inside, I outlined the picture and my further expectations that will be interesting to see for this asset—go take a look and familiarize yourself. 🤝
I expect an upward correction toward the 2.00 area.
In line with the scenario from the previous review, an upward correction has begun; the price has bounced off the 0.382 Fibonacci level. More likely, I expect a rise to the golden ratio at 2.20. In my view, this rise is a bullish trap; overall, the priority is a drop to 0.40.
✅ Today, major institutions are accumulating Ethereum — yet the crowd doesn't believe in the asset once again. Markets change, but human behavior remains the same.
📊 On the monthly chart, $ETH has been forming a massive base for several years now. The breakout should send price far beyond previous ATHs.