Ethereum Holding h4 consolidation period. A diagonal break could offer a solid long opportunity directly to the HTF level at $4,620. Flip that and it opens up several more bullish arguments.
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The consensus is that September isn't the time for a bull market reversal, but rather a necessary test. Crypto market volatility intensified on Monday. Bitcoin briefly dipped below $110,000, hitting a low of $109,324, its lowest point since early July. Ethereum briefly fell below $4,400, a 24-hour drop of nearly 8%. This decline triggered massive market-wide liquidations: According to CoinGlass data, as of this writing, 24-hour liquidations exceeded $900 million, with Ethereum longs losing approximately $322 million and Bitcoin longs $207 million.
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