Ethereum- I still have 3k in focus

3 Jan 2022

Since the beginning of November, Eth has started to correct its long term bull trend which only in 2021 brought gains of around 700%.
Although the drop we are in is just a correction to this trend, on medium term it can be seen as a small down trend.
I expect continuation to the down side and I'm focusing on 3k zone for my sell short trades.
Ethereum's price above 4.2k would signal that the correction is over