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ETH finally broke into a strong run this time!
Rebounding from the 1747 low all the way, accelerating after breaking above 1900; the peak pushed to around 1966. It’s now pulling back to 1935 and consolidating.
For the short term, watch two key levels:
A 1966 breakout = opens up room above 2000
A break below 1900 = the short term enters a correction
The current long bias structure hasn’t been broken. As long as the pullback doesn’t drop below 1900, it remains relatively strong.
The market is pricing in the rate-cut expectations plus the logic of capital returning. Whether ETH can keep opening up further depends on whether it can clear 2000, this psychological level.
Don’t chase pumps or sell in panic—wait for opportunities at the key levels.
Trade with the trend, and manage position sizing to be able to catch the big move. $ETH