Important scenario for ETHUSDT! ✅

Welcome to our Ethereum analysis, we are looking at the 1-hour timeframe perspective and what could be a likely scenario from ETH in the upcoming days.

Ethereum finally made its new all-time-high which is a great sign. Nevertheless, given the new all-time-high we need to ensure that it is fully validated because it is not uncommon to see such a price-move supported by a bull-trap, this is why we want to see Ethereum doing the correct price-actions. Hence our analysis with all the important levels given and the likely outcome.

For possible purchases, we consider an entry into the area of $1160. If we see a decline in that area, we will look for a buy signal. We'll keep you all updated.