Can Ethereum keep rebounding further? No! In a weekend ultra-low-volume environment + bullish volume energy is exhausted + dense resistance above 1950➕ + the good news being cashed out, 1966 is very likely the endpoint of this rebound. Ignoring the noise and the so-called good news, purely from the bullish/bearish volume-energy fluctuation curve: the bullish volume energy has shifted from strong to bottoming out. I expect that in the new week, the Air Force (shorts) will defeat the Army (longs), and the ETH price will further fall and pull back!


ETH reference: 1944 short, target 1904, defend 30 points #btc #eth
ETH3.66%
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