Long story short, as long as the price remains above the 200 EMA, the overall market structure looks very bullish to us, with buyers slowly building the volume and support zones near the EMAs, making it a hard zone to break for sellers.
Recently we also secured the 100EMA area (and by securing I mean buyers maintained the dominance and formed a decent push and proper trend reversal breakout on smaller timeframes).
So that being said, we are targeting the $4000 area on $ETH , which would be the next crucial area for us that we need to break! #ETHPriceAnalysis