$ETH - As I covered in some of my latest PAT Updates, the price tapped into the lost high-timeframe support range, aligning with the golden pocket between the 0.5 and 0.618 Fibonacci POIs, and rejected there, a high risk I highlighted in advance.
Since then, the price has broken below the 0.618 Fibonacci POI, but it’s still holding above the 1D Bull Market Support Band, which has been a strong reversal spot over the last couple of months. Because of this, I believe the low-timeframe market structure isn’t yet invalidated.
However, I’ll be tracking the structure here very closely. As I’ve said