if I were to guess it’s gonna at least grab the liquidity below ~2510 and maybe test 2380, and if it is weak at 2380 it’s gonna be testing yearly open thats my bear case

update: it did grab the liquidity below 2510 and testing 2380 now I think the probability of testing YO (2281) is pretty high now

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

I think it will be interesting to see what happens at yearly open, I think the idea is test yearly open, fake a breakdown but close above (on a significant time frame eg daily)- that’s bullish. And if it really breaks down there are still some levels below YO but it will be ugly.

And if we test the YO, then the bottom falls off?

I’ll back up the truck again for that $80 buy opportunity