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Is $ETH really ready to bounce or are we just watching a dead cat jump?
The hourly chart looks like it's trying to put in a bottom after that massive wash-out to 1747.
We’ve managed to reclaim the 2k level which is psychologically huge, but now we're grinding into some local resistance around 2090.
Volume on this recovery has been decent, but the price action is getting a bit choppy here.
If we can consolidate above 2050, there’s a clear path to test the 2170 area.
If it fails to hold this level, don’t be surprised if we sweep the lows again to find more buyers.
I'm staying patient on this one.
#PartialGovernmentShutdownEnds