Is
$ETH trying to tell us something before the next big flush?
The 1h chart on Ethereum is looking pretty choppy right now. We just had a rejection at that $2,039 local high, and now we’re hovering around $1,969. It feels like the bulls are losing steam every time they try to push back above the $2,000 psychological level.
Right now, we’re sitting on a bit of a mid range support. If $1,940 doesn’t hold, the next stop looks like it could be a lot lower. The volume on these red candles is slightly picking up, which usually isn't a great sign for a quick recovery.
I’m watching the $1,980 leve