Ethereum Dey Pull Back Reach $4,075–$4,150 Bifo E Go Rally Reach $5,100
Analyst Mark Newton dey forecast say Ethereum go pull back, wit ETH go back come $4,075–$4,150 by midweek. Dis Ethereum pullback na beta correction wey dey healthy before e go bounce back to $5,100. For Bitcoin (BTC), Newton set support for $11,190 and expect say rally go reach $13,000–$14,000. Traders suppose dey watch these key price levels well well. The outlook show say short-term risk dey but ETH and BTC get potential to go up.
Bullish
Newton dem tok say di ETH pullback na just wan correction inside one bigger uptrend. History don show say Ethereum dey usual get short-term dip—like di 7% retracement wey happen for early August—before e continue to gain and try test new highs. Di support zone wey dem sabi for $4,075–$4,150 na di same place wey e don bounce before, mean say di downside no too much. If e bounce back go $5,100, e go mean say di bullish momentum dey continue. For Bitcoin, if e hold above $11,190 support fit trigger one rally go $13,000–$14,000, like how e recover mid-year. Traders wey see dis pattern fit see di dip as chance to buy, supporting bullish stance for short and medium term.