While Ethereum has built a strong-ish support in the current area, it currently looks more likely to fall towards the ≈$2180 monthly support #3

Do not underestimate what the new all time highs in gold are telling you

i warned about ethereum's price fall towards the monthly support over a week ago - back when everyone was still bullish

now, another large liquidation price zone is approaching ≈$2240

what do you think will be the price action after monthly level rebound? trend up or down?