Ethereum: Anticipating Accumulation Near $2476 and a Move Above

9 Feb

I anticipate accumulation near the $2476 level for Ethereum, followed by a breakout above this level and a move exceeding $2500. After reaching this mark, further accumulation above $2500 is expected. There's also an alternative scenario involving a local correction before breaking through $2476, though I consider it less likely. If the second scenario unfolds or after a breakout and consolidation above the $2476 level followed by a retest of this level, I will be looking for suitable entry points.