The Long Investor
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$ETH
🕑 Added 2025-01-27 11:47:10 +0000 UTCThe markets are shook this morning and crypto is so heavily in sync with the securities market (this much is very clear now) that it is pulling back almost in perfect step.
We can see here that a retest of the 200 Day MA is likely next at $3000, holding here and we have a higher low, so I will be happy to see this.
Losing this level and the larger 0.618 Fib at $2870 is next.
Regardless of all of this, I believe $ETH moves higher after this current pull back is complete.
