Despite a potential drawdown ahead, this feels like a blessing from above. It’s an opportunity to accumulate more at better prices within the Fib Golden Zone or Premium Zone. Just look at the history.
My lowest expected price for Ethereum is $2,800–$2,500 per coin. My first target is the top of this channel, approximately $5,588. Once we hit that, I’m speculating on a possible price action scenario to see how smoothly we can reach $6,000.