Updated

Ethereum New Analaysis (4H)

Now, Ethereum may face a serious correction after making one more high. So pay close attention to the $4900–$5000 zone.

For this bearish scenario to play out, the SWAP zone on the 12H or daily timeframe must be broken and price must hold below it.

A daily candle closing above the invalidation level would nullify this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Trade active

After the pump and touching the red zone, it has dropped more than 12% so far, and the first and second targets have been hit.

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