Ethereum bottom will be $600 Because of this Indicator

#ETHEREUM Technical analysis:-

$ETH currently trading at $2030 which is still 22x ( 2200% ) up from Last Bear market.
And went up to 58x from last Bear Market.

As I researched many data on Chart so Last two Bear Market low was 0.5 fib Retracement level.
And Almost -80% to -90% down from All time high.

If same work this time than I am expecting #ETH Low will be $600-$700
This is Not financial advice guys.
This is My research and analysis.

So Now currently market scenarios:-
Now Ethereum more than -60% down from ATH
Now ETH need some upward corrections.
So One more time ETH may hit $2500-$2700

This time 0.5 Fib Retracement level is $657

So keep watch market and never trade Blindly.

IMO till 2024 ETH in Bear market.

But 2025-2026 will be Very bullish for Ethereum.

Chart Invalidated above Red Line Resistance line.

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