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#BTC #ETH the big bearish candle in the 4-hour range for Ethereum at 8:00 AM on Feb 23.
Now it has retraced to the lower boundary at 1861; once it confirms it holds, it will start trying to break the range center at 1910 and the upper boundary at 1960. If the breakout succeeds, then on a daily timeframe it will engulf the bearish candle from last week—then we’ll head to 2000.
But because Bitcoin is weaker, it may spill over and suppress Ethereum.