Ethereum’s at a crossroads, folks! It’s testing the infamous “golden pocket” between $2,600 and $2,800, and you know what that means: Resistance, resistance, resistance! 😱 Will ETH power through $2,800 and send us all into a euphoric $3,000 fantasy, or will sellers throw a wet blanket on this parade and drag it back down? Stay tuned. It’s anyone’s game!
Golden Pocket Breakdown: Ethereum’s ‘Downward Spiral’ Comes to Life
In the latest crypto drama, analyst Luca has provided a riveting update on Ethereum, offering his two cents on why we’re probably headed south. He’s been covering all his PAT (Price Action Trends) updates, and you better believe he’s been right on the money so far. According to Luca, once ETH broke below the golden pocket, between the 0.5 and 0.618 Fibonacci levels (yeah, you heard that right, Fibonacci-like a fancy math thing), the chances of ETH taking a nosedive were pretty high. And guess what? He was right. Surprise, surprise! 🙄
But wait! Hold onto your hats because ETH found some support at those lower levels and is now trying to bounce back. Will it succeed? Only time-and Luca’s finely tuned crystal ball-will tell. But here’s the kicker: Before Luca gets his hopes up about an upward swing, he needs to see some real signs of life. No one’s jumping off the fence just yet. “I want to see more confirmation, like a solid bottoming formation,” Luca said. How romantic. 💘
But oh, the plot thickens! If ETH drops below the support range, all bets are off. Forget about this being a “simple corrective wave.” Instead, it would signal that the crypto market is about to enter a serious “downward spiral.” And guess who won’t be caught in that mess? Luca, that’s who! 🙅♂️
$2,600 Tested: Buyers Line Up Like It’s Black Friday
Meanwhile, in the land of volatility, crypto analyst Ted Pillows points out that ETH came this close to crashing through $2,600 yesterday. Yep, the floor almost gave way like a cheap hotel bed, but Ethereum bounced back. After a test like that, ETH is now trying to make a run at the $2,800 mark again. Can it pull off a miracle? Ted thinks so, but only if ETH can actually HOLD that level. 🙄
If Ethereum can conquer $2,800, that’s your cue to start popping the champagne, folks. The next target? A shiny, beautiful $3,000. Who doesn’t love a good psychological milestone, am I right? 🍾
But-and here’s the big but-if $2,800 proves to be just a pipe dream, prepare yourselves for the possibility of ETH falling back below $2,500. And by “falling back,” we mean a sweep through support levels, as if the market’s saying, “Nice try, ETH. Better luck next time.” 😬


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2025-11-22 22:37