ETH breached $1,200 level January of last year and made a record high slightly above $4,000. Major investors booked some profits which caused price to pullback aggressively to $2,000 somewhere around May, 2021. Some investors bought the dip and still failed to breach above the historic high of $4,000.
Moving forward short term, Im looking at a further push to $2,800 & $2,000. However, for long term holders we can also look for prices to drop below $2,000 for a better discount or even back to $1,200 to reinvest.
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