📈 A hunt for liquidity ahead of a potential rise to 3000
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ETH is stagnating after hitting a new high of 2,385; the altcoin looks quite promising, but the market may undergo a correction before any potential rise
Bitcoin is slowing down after hitting a new intermediate high. The global downtrend is creating pressure. There is a possibility of a correction to retest the intermediate low (liquidity hunt).
The rally has stalled, and the altcoin has entered a phase of stagnation. The market is still too cold for an aggressive bullish trend, and before a potential rise, Ethereum may test the 2233–2200 zone of interest
Resistance levels: 2376
Support levels: 2303, 2233, 2200
A break below 2300 could trigger a counter-trend correction (locally) to retest the 2233–2200 zone of interest. A long squeeze and the market holding in the buying zone (above key support) could confirm the market’s bullish intentions and support further growth toward 2370–3000