Vitalya Buterin is actively selling his broadcasts, maybe he urgently needs money or does he know something? 😉

From the point of view of technical analysis, ether entered a strong zone on the weekly timeframe. I removed the 2111 and pricked the old imbalance under it. These are all good reasons for growth.

2400-2700 is now the seller’s strongest zone and there is a gap there - from this block I expect a reaction to the continuation of shorts

It is ideal to take a long position from 1700-1600. It’s even better to wait for some kind of reversal structure and engulfing buy candles and then enter. We’ll get a good rebound, and in our dreams even a swing of 7k 😉

This is a positive scenario. But we know that the market knows how to surprise and what the cue ball is doing now is essentially a bear. So it makes sense to assume that after the ostcock in the long zone we will go below 1384 - and this will break the global long structure, which in the future will open ether prices below 1k. This is still far away and it will be necessary to consolidate below this level without aggressive payoffs in order to talk about the possibility of such a dive.

The market is changing quickly and we will adapt to what is given.

To summarize: locally I expect shorts from the red block on the chart, and a good long from the orange one.‌‌