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ETH on the 4-hour chart shows interesting signals. We have already seen how it was liquidated below $3360, and what catches my attention is that this movement came with considerable volume. Normally, this indicates a bottom formation, but with the current market environment, I prefer to remain cautious.
My strategy is clear: I expect to see how it recovers and consolidates above the $3360 area. If it manages to hold there, I will look for a long position targeting the $3900-4000 range. Of course, there is always a plan B ready in case things don't flow as we expect.