After breaking it's all time high, Ethereum is retesting that level (2000 to 2050 USD range) as support. The next target area that Ethereum is heading to is 2200 - 2300 range which is the resistance. If that resistance level is broken, we could be heading to the next fib level which is approximately at 3500 USD range.
I couldn't get the whole Fib retracement level to fit in here, so I am just getting a snippet of it. If Eth is able to break the 2200 - 2300 USD resistance level, it can go up really rapidly as it is in price discovery mode and it is currently still alt coin season. Then we would see a retracement back to the 2200 - 2300 range as its support levels.
It is currently 6 days till Coinbase list on Nasdaq, how high can the whole Crypto market climb to. If it does rally up high till the day Coinbase list on Nasdaq, we have to be prepared to take profits along the way.
DEFI King
Uniswap Version 3.0 is going to be big for Ethereum. The day it goes live is going to be super bullish for Ethereum.
It is also a good idea to load up on UNISWAP'S native token, UNI's.
POLYGON - MATIC
Ethereum Layer 2 scaling solution - to under stand more, check out the video.
Just this two projects can be bullish for Etheruem, not to mention more NFT's projects and etc.
These are just my own opinions, do have ur own research done. I am not a financial advisor.
@luueetang