Ethereum, that sly fox of the crypto woods, is winking at a potential jaunt toward a $3,270-$3,360 haven. But let’s not get too excited-just yet. The price’s currently napping at $3,100, having sneaked up 1% in 24 hours. A minor victory, sure, but it’s still nursing a 11% hangover from the past week. A real tragedy, if you ask me. 🤡
Crypto Patel, the wise old owl of the crypto realm, declares Ethereum has confirmed a “Break of Structure” at $2,940. “Sellers still hold the reins,” he says, as if that weren’t obvious. He adds that “smart money” might soon coax the price into a “premium zone,” where past chart mishaps could be… ahem… “balanced.” Balancing a ledger? Or balancing a checkbook? Who knows. 🧠
The $3,270-$3,360 range is dubbed a “Fair Value Gap,” which sounds like a fancy way of saying “a hole in the market’s pants.” Patel suggests a 14-15% rocket ride could fill this gap if the structure holds. But don’t get too comfortable-keep an eye on $3,565. If Ethereum dares to cross that threshold, the entire market might throw a tantrum. 🌩️
Lennaert Snyder, the cautious fox, notes Ethereum was rejected at $3,200 like a bad date. “Higher lows, lower highs,” he mutters, as if muttering to himself. A move above $3,200 might open the door to $3,350, but only if the market isn’t too busy yanking the rug out from under everyone. Snyder also warns of “short entries” near resistance-because nothing says “fun” like betting against the market. 🤪
“Looking for shorts locally, or after a liquidity grab, is a legit thing to do.”
He’s not wrong. But remember, the FOMC meeting is like a storm cloud on the horizon. Brace yourselves, or else. 🌧️
CryptoBoss, the bullish bard, points to a “bull flag” on the ETH/BTC chart. “MACD flipping green and RSI breaking its 3-month downtrend!” they exclaim, as if this were a miracle. Meanwhile, wallets holding 1,000-10,000 ETH sold 230,000 tokens in seven days. A betrayal, if you ask me. Like a group of friends bailing on a party. 🤡
Ethereum may be tiptoeing into a bottoming phase, but let’s not confuse “rebuilding liquidity” with “rebuilding confidence.” The market’s still a sly fox, and we’re all just trying to keep up. 🐆
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2025-11-19 22:49