Another breakout below long-term trendline sends us under 2k and back towards triangular support.

This provides an opportunity at either a consolidated or double-bottom recovery with expected neckline/resistance at 2100.

Considering that we’re still holding under 2k bottom recovery could also dip further towards the prior 1900 mark and still be considered valid imo.

Also just a reminder that other than the few trades I’ve posted I still hold all my $ETH and haven’t sold over these past few days.

I believe price remains relatively high given the volatility and growth span since 2020 but I don’t expect it to drop back to those levels (300-700) in the end.

I stated earlier that there’s potential for 1k with buffer at 750-1150 but that’s still considered an extreme.

We’ve already touched off the next LT trendline as a low and current ST volatility has been high so there’s a good chance we could reverse here, even if it’s just a ST pump.