On the daily Ethereum actually already reached AND bounced from its previous intraday support level. Meaning the minor retracement could already be reaching an end considering the strength we've been seeing lately. There's a bit more wiggle room on the higher time frames however. Personally see us having a max downside of $4,000 and range here to accumulate before bursting to next targets. (but again, if we'll even get to $4,000 at all with current strength) I said it before and I'll say it again for those that need to hear it: "Very rarely do setups like these not end up in a significant expansion higher then we currently are" You see charts like these all the time on some of the best performing assets out there. Ethereum is no different 🤝