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Welcome to this ETH/USDT update. Ethereum is a major factor for altcoins pump and dump. Currently, looks like we might see a slight drop in ETH.
According to the 8hr chart, ETH is trading inside a symmetrical triangle where the breakout is still pending.
Currently, ETH is rejecting from the 21ma, and looks like we might see a drop till $2400 and after this drop, ETH pumps well.
So IMO that will be the best time to buy ETH.
Entry range:- $2300-$2400
Targer:- $3500-$4000
SL:- $2240
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