🚀 ETH’s $14K Moon Shot: Will It Survive the Cowardly Dip? 🎭

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My dear, Ethereum is currently lounging at a rather modest $3,300, with a 24-hour trading volume of $34.26 billion. 🍸 Alas, the poor darling is down 3% in the last 24 hours and a rather dramatic 14% weekly. How très tragic! 💔

But fear not, darlings! Despite this little tantrum, the analysts-those ever-so-clever chaps-are sipping their martinis and eyeing a rather large technical setup. 🕵️♂️ Could it be a long-term shift in trend? One can only hope, my loves! 🌟

A Pattern So Grand, It’s Almost Absurd

The inimitable Trader Tardigrade-what a name, darling!-has shared a chart that’s simply divine. 🖼️ An Inverse Head and Shoulders, no less, forming on Ethereum’s monthly timeframe. How utterly chic! The left shoulder in late 2024, the head in mid-2025, and the right shoulder-oh, it’s still under construction, darling. 🏗️

$ETH/monthly
A massive Inverse Head and Shoulders pattern is forming on the #Ethereum monthly chart, targeting $14,000.
The Right Shoulder is under construction.
– Trader Tardigrade (@TATrader_Alan) November 7, 2025

The neckline, my dears, sits around $4,000 to $4,400. If Ethereum sashays above this range, the setup could complete. 🕺 The measured move points to a target near $14,000. For now, the structure is still developing-rather like a debutante at her first ball. 💃 Tardigrade notes that Ethereum is still “building the right shoulder,” and the breakout has not yet occurred. Patience, darlings! 🕰️

And let’s not forget Titan of Crypto, who’s marked the 38.2% Fibonacci retracement level at around $3,050. Ethereum recently grazed this level and bounced back like a true diva. 👑 The weekly candle showed a strong rejection of lower prices-how très dramatic! Titan declares the “bull market remains valid” if Ethereum holds this zone. If this area holds, darling, Ethereum could resume its upward sashay. 🌈

ETH/BTC: A Support Zone to Die For

Michaël van de Poppe-what a mouthful!-charted the ETH/BTC pair and pointed to a support zone just above 0.0325 BTC. 🗺️ This area is marked as a potential buy zone, based on past consolidation and price behavior. ETH bounced after touching this support, though the pair remains under its 9-week EMA. If it reclaims the short-term trend line, the ETH/BTC chart may show strength again. Below this, 0.0256 BTC and 0.0199 BTC are the next areas of interest. 🧐

ETH/BTC Chart

Short-Term Selling: The Drama Continues

CryptoQuant analyst PelinayPA notes that the Taker Buy-Sell Ratio on Binance remains below 1.0. 🧮 This suggests more aggressive selling than buying in recent sessions-how dreadfully gauche! Meanwhile, Bitcoinsensus reported that Ethereum saw a bounce after dipping under $3,300, calling $5,000 a “magnet zone.” 🧲 It remains to be seen if the price can build momentum after this bounce. Only time will tell, my dears! ⏳

So, there you have it, darlings. Ethereum’s journey to $14K is a tale of drama, intrigue, and a dash of Cowardly wit. 🥂 Will it survive the dip? Only the markets know. Until then, keep your martinis chilled and your spirits high! 🍸✨

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2025-11-07 19:57