🔥 LATEST MARKET PULSE: Ethereum (ETH) on the Threshold of a Critical Decision! 🔥

In our analysis yesterday, we stated that Ethereum (ETH) was consolidating around $ 2,720. As of today, the market is still looking for a direction and Ethereum's candlestick charts continue to give important signals.
Latest Situation in ETH: A Battle in Balance!
* Small Bodies and Dojis: Our observations from yesterday are also valid today. Small bodies and Doji formations in candlestick charts indicate an ongoing struggle for balance between buyers and sellers in the market. This situation shows that the price is following an indecisive course and that we may be on the verge of a big move.
* Critical Support Level: The long lower wicks formed when prices fell to around $ 2,500 - $ 2,600 confirm that these levels are a strong support zone. In other words, sellers are having difficulty falling below this level.
* Important Resistance Level: On the other hand, the long upper wicks at $ 2,800 - $ 3,000 indicate that these areas are important resistance zones. Buyers are having difficulty breaking these levels and are facing profit sales.
Analysis Result: What's Next?
Ethereum is currently in a consolidation process after the increase in the past period. The market is looking for a clear catalyst for the next strong directional move. This could be a sign of a major upward movement, or it could lead to a downward correction if the resistance cannot be broken.
Strategy for Investors:
Based on our analysis from yesterday, in light of Ethereum's current candlestick formations and technical indicators, there is still an opportunity to open a position in the $ 2,700 - $ 2,730 range.
Target: The $ 3,000 level can be determined as the first profit-taking target for positions to be taken from this region. When this level is approached or reached, closing positions should be considered.