@CryptoNobler Foundation not Vitalik, standard selling not agressive,to finance the project development they announce a 5K Eth Sell, for now they sold 75% of that 5K eth...
🚨 Weekly Chart Analysis – Ethereum
We’re sitting at $2,061 after a strong weekly bounce.
On the weekly timeframe, it’s clear we’re very close to the bottom of this bearish cycle. We are currently testing the 0.786 Fibonacci retracement level — a historically significant bounce zone.
If this level holds and we push higher with conviction, we can expect a meaningful recovery. However, if we get rejected from the 0.786 Fib, it’s a bearish signal, and the next downside target would be the Order Blocks at $1,550.
As a spot investor: These levels are excellent for accumulation. In the long term, these prices look very attractive for building a position in ETH.
As a short-term trader: The market remains bearish in the near term. There is still no clear bullish structure, so I stay cautious on short-term trades.
Personally, I have already started buying spot in this area. Looking at the weekly chart, these prices are compelling for long-term accumulation.
It all depends on your plan:
If you’re a long-term investor → this zone offers a solid opportunity to accumulate.
If you’re a short-term trader → better to stay cautious until we see a confirmed structural reversal.
I’ve made my choice: I’m accumulating spot here.
What about you? Are you buying this dip or waiting for confirmation?
#Ethereum #ETH #ETHUSD #Fibonacci #OrderBlocks #Crypto #Spot #LongTerm