ETHUSD is getting close to the end of this correction.
Are we finished here or do we get to 2k before the final sell off to 6-700??
For me its still looking corrective and a move to 700 is likely to be coming shortly. What will be the catalyst for the next move lower? Trading much like the stock market, We have just come off a week where US Interest rates were raised, big earnings from the major companies and the onset of a recession due to 2 negative GDP quarters and yet the markets are higher.. 🤔🤔🤔🤔
2 CIT Windows on the 6th and 19th of August. These will be crirical for direction.
Wait to see what next week brings and go from there.