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Is this thing finally bottoming out or just catching its breath before another leg down?
$ETH looks heavy. We just saw a massive slide from that $3,000 level and now we’re basically flatlining around $2,066. The daily candles are getting smaller, which usually means the sellers are exhausted, but the buyers aren't exactly rushing in either.
If we can’t hold this $2,050 area, I’m looking at $1,750 as the next real floor. Volume is pretty mid right now so don't expect a moon shot overnight. I'm staying patient.
#GateLaunchesGateforAI