ETHUSDT.P there’s a strong resistance at 3000 area though, hope it pulls through because I can’t imagine Etherum going to hell with BTC that just hit another ATH. Took profits of BTC long multiple times but still on Etherum trade since some months now 😂 Etherum better give us a 10k minimum when Alt season proper starts.
ETHUSDT The board of directors of Nasdaq-listed GameSquare announced the completion of its initial $5 million Ethereum purchase, acquiring approximately 1,818.84 ETH at an average price of $2,749 per ETH, as part of its $100 million Ethereum treasury strategy.
Ethereum has formed a new high above its previous impulsive leg. Although this peak is lower than the one a month ago, the current structure looks healthy. During this move, ETH left an imbalance around the 2373 level, which aligns closely with a potential retracement zone.
Volume appears to be decreasing or reaching exhaustion, suggesting the rally may be losing strength. A correction towards 2685 could be on the table. For now, the setup does not favor either a long or short position.