ETH 11 May 2022
The current implied volatility is at 81.61%/year
So that converted into daily is 5.14%

The opening price was on 30970
So based on that our
TOP 2460
BOT 2220
This channel has a 82.4% change to sustain based on the last 290 candles

At the same time with 80.3% we can affirm that the price is going to be above
TOP 2377
BOT 2303

From fundamental point, today we have CPI release and this marks a huge volatility moment
From volume point, current POC is around 2375

We can expect now with close to 65% that the market is going to end up between
TOP 2375-2460
BOT 2305-2220