$ETH – Where do we go from here?
Ethereum / TetherUS BINANCE:ETHUSDT
Ethereum has experienced a significant technical breakdown since hitting a near-term high between $3500 and $3600. The good news is that within the recent weakness ETH has been able to hold the $2775 support line. The price action is in a steep decline, however. Through the 2nd half of 2022 I am very bullish on ETH for fundamental reasons. In the near-term I believe it is at risk for a draw-down to $2400-$2500. I am currently accumulating ETH.
