Let me tell you what's happening with Ethereum on the LTF (Lower Time Frame) and what to expect in the coming week.📈
As long as the charts show an ascending order flow, shorting doesn't make sense – you'd likely just accumulate stop losses or, worse, get caught in liquidations. The target of $2400 remains relevant, and the question is whether the rise will continue from the current levels through further trading or if there will be a correction to the $2170 area before heading to $2400.📈
What's the conclusion? No shorts at this market phase, unless you're catching local altcoin pullbacks, given the relatively high dominance. Overall, the market still looks good, and ideally, we'll see a strong altcoin season before the new year!❗️
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Let me tell you what's happening with Ethereum on the LTF (Lower Time Frame) and what to expect in the coming week.📈
As long as the charts show an ascending order flow, shorting doesn't make sense – you'd likely just accumulate stop losses or, worse, get caught in liquidations. The target of $2400 remains relevant, and the question is whether the rise will continue from the current levels through further trading or if there will be a correction to the $2170 area before heading to $2400.📈
What's the conclusion? No shorts at this market phase, unless you're catching local altcoin pullbacks, given the relatively high dominance. Overall, the market still looks good, and ideally, we'll see a strong altcoin season before the new year!❗️