Ethereum had a retracement from highs, which brought us down to a support level at $1650, which is a psychological level and Fibonacci level. This was swiftly bought back up and we are now nearing highs again. We appear to have a rounding top in ETH which means that we may see further retracement. If so, $1650 will certainly find support again. This is a healthy retracement overall, and should be viewed as a buying opportunity. ETH should have no problem hitting $2K by the end of the month.
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