🔥 Ethereum Bear Market Resistance Break Out: Road To $2000

In my most recent ETH analysis I talked about the fact that ETH was breaking out through the bear market resistance line. After a quick retest, we're currently moving up following BTC.

In my view, $2000 is the next stop. This area is important because of the psychological value and the fact that the summer-21 rebound stopped there.

In case of a prolonged bullish move, the next stop will be $2400.

After that, things become unclear. The macro is still not great, so I'm not betting on a move towards $3000, for example. We will see.