Is an imminent bounce in $ETH? 🚨 Bitcoin Dominance gives us a key hint
Good Monday, traders! We continue to follow up on the critical point I mentioned yesterday.
Ethereum is fighting the $2,040 zone. Although we see red candles, there is one piece of information that not everyone is noticing: Bitcoin Dominance ($BTC.D) has just fallen to 59.26%. 📉
What does this mean? That money is starting to seek refuge in Ethereum while Bitcoin stabilizes. If the support at $2,013 holds, we could be facing an interesting accumulation zone to look for a bounce towards $2,100.
My strategy today:
Bullish Scenario: Long entry if we see confirmation at $2,050 with a target at $2,120.
Caution Scenario: If we lose $2,000, it's better to wait at the barrier.
Have you already opened a position or are you waiting for the 4h candle?
I read you in the comments! 👇
#Ethereum #ETH #Trading #BinanceSquare #CryptoAnalysis #BTC
$ETH $BTC
