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Market Correction Expected as ETH Targets 3550 Amid USDT.D and BTC.D Movements
Attention should be paid to USDT.D, ETHBTC, and the OTHERS chart. USDT.D has reached the POI on the higher timeframe, and a rally upwards as a corrective move is expected, indicating a correction in altcoins. The BTC.D chart has cleared key liquidity from below on the larger timeframe, and if it begins correcting upwards into the short zone, the altcoins could have room to fall further. Overall, a market correction is being considered, particularly focusing on ETH. A minimum target of 3550 is anticipated for ETH, as this is a manipulation zone.
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AI Analysis
The analysis indicates a focus on USDT.D, ETHBTC, and the overall market chart patterns. USDT.D has reached a Point of Interest (POI) on the higher timeframe, suggesting a potential rally as part of a...
AI Recommendation
Given the analysis, traders should consider a cautious approach, observing the development of USDT.D and BTC.D for confirmation of upcoming corrections. Short-term traders might look for bullish signa...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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