π Ethereum (ETH) could revisit the $1,900 zone before surging to $3,000, according to analyst MAXPAIN. Using the Time Price Opportunity (TPO) chart, he highlights a support range between $1,874β$1,924 β a prime dip-buy zone as ETH retraces from its recent $2,104 high.
π ETH is already down 3% and currently trades around $2,044, in line with the analyst's forecast. A further drop to the $1,900 area could present a solid buying opportunity before the next leg up.
π The broader crypto market, boosted by rising global liquidity, could support this bounce. A strong rebound from this zone may kickstart ETHβs rally toward the psychological $3,000 level.
π₯ Key Levels to Watch:
π» $1,980β$1,833: $700M+ in long positions at risk.
πΊ $2,135β$2,106: $450M+ in short positions at risk.
Either direction could trigger major liquidations, but the TPO model suggests longs may be hit first before a recovery.
π‘ In summary, a pullback to $1,900 may offer patient investors a strategic entry point before ETHβs next major move.
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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