#ETH is currently moving below the pink box.

A daily close above 2475 would be the first signal that the uptrend may continue.

The Libra pattern scenario is still in play.

The pattern’s main target is the 4956 peak. However, on the way up, the 3445 level is a key resistance. If price gets rejected there, we could see another decline before reaching the full target.

Since the Libra formation is developing on the weekly timeframe, the invalidation (stop) level is the 1388 bottom. $ETH

ETH

2,000.59

+1.14%