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$ETH ETH looks strong… but is this the real deal?
ETH had a big bounce from the lower zone and reclaimed the 3K area again.
It looks like a strong move because the buyers came in quickly.
But let’s get into the part that makes me feel a bit uncomfortable.
The price went up quickly, and now it’s trading around the areas where ETH has been struggling before.
If this is the real deal and the buyers are behind this move, then ETH should be trading above this area and slowly going up.
But if this is not the case, then this is just another short-term move.
So, the question is 👇
Do you think this move from the buyers is the real deal?
Or do you think the market needs another move before going up?