Ethereum 2022

21. Juli 2022

Fundamentally , globally , locally , the trend is down and a rebound from the strong level of 900 is quite normal . Rebound from the level, does not change the trend. A sharp rise in a downtrend without fundamental reasons is most often a trap for traders. To change the trend, large whales need to accumulate a position, and this will take a long time and this is most often a sawtooth chart or a long accumulation in a rectangle. In the near future, we should expect the attenuation of the growth of ether, most likely, sales will begin already at the level of 1800 and reach the level of 1.000. When approaching the level of 1.000, it will be necessary to watch the chart, the fundamentals (the Fed, the ECB, etc.), etc., it is possible that the Ethereum may fall to 500.