After a strong weekly bearish message, $ETH bounced up, but did not seem to build a strong rally. I expect it possibly go a bit higher to 2900ish, and then resume the decline.
Important:
- A monstrous bearish candle is developing on the monthly scale.
- If $ETH goes below 1423.20, a triple-digit price should not be a surprise.
Latest Weekly Analysis:
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The call on May 16: