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#ETH goes exactly as per what we predicted, price sharply rejected from the Resistance at $2,400 and reach the other end of the which is the Strong Support Zone. Price is already did a retest of the zone and potentially there will be a another one before pushing higher. Eyes on Daily break below of the zone. By Crypto Australia

This graph shows the relative strength of this uptrend is to measure the depth of pullbacks from the most recent local high. The deepest correction in 2023 has been a remarkably shallow -20.1%, standing out as the shallowest of any historical macro uptrend. The 2016-17 bull market saw regular corrections exceeding -25%, whilst 2019 pulled back from the July-2019 high of $14,000 by over -62%. This suggests a level of underlying demand support in 2023 which aligns with the increasingly tight supply dynamics By Crypto Australia

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