$ETH / Ethereum - Don't Try and Catch Knives
Updated ETH chart and thoughts:
I will wait until our weekly close to remove the demand/support weekly area near $2800 for further invalidation. I will then add a new supply/resistance area near $3000.
Areas of interest for a bounce/reversal are in green.
Not calling anything until I see slowed selling pressure. Don’t try and catch knives out here hoping for v shape reversal. A foundational bottom takes time to form.
There will be opportunities to buy and add more.

Ethereum Fake Breakout? Deep Drop After Hitting $4000
After breaking above $4000, Ethereum boosted confidence among many holders — and a large number of traders entered right at that level.
But Bitcoin’s sharp drop triggered massive stop-loss hits across the market, revealing that the breakout was fake and most likely a stop-hunting move.
That’s why we saw such a deep correction.
I personally exited around $3800 with a small loss, and I shared the signal in the link below.
Even I was trapped by this fake breakout.
📉 Next support levels:
$2500
$1500
What’s your outlook?

ETH
Possible cup&handle pattern .
Short term trading i wouldn’t advise ,
But quite undeniable a very good place to be long term .
First target ( if confirmed breakout )
Would be 7300$
Second target
11200$
Extremely Bullish targets
15250- 17700$

ETHUSD Price action set up
1. trend - sideways to bullish
2. set up - Reversal from support zones ( above 70% discount area)
3. Strength - will be super bullish once get into bullish trend like awaited bull run rally like BTC had once

Ether is near to monthly Demand
Ethereum is near Low curve , Have 90% chances to take buy orders , we can use location area for buy and hold till hit 7k to 9k ....... good demand for long term entry .......