The market is buying back BINANCE:ETHUSDT after a significant decline driven by fear. Bulls initially kept the price below 2000 and are now striving to maintain it above 2500. The overall bullish trend remains intact. A very promising technical scenario is emerging on the W1 chart. A re-entry into the global sideways range could set the stage for an ascent to 4000 - 4800. Fundamentally, the bullish sentiment persists. The recent liquidation (sharp downward movement) followed by an active buyback suggests the market has shed excessive traders, positioning for an advance. Overcoming the key area of 2717 - 2817 will be crucial. Success in surpassing this resistance and establishing a strong support here would create an intermediate bottom and mark a significant liquidity target above 4000. Support Levels: 2518, 2425, 2400 Resistance Levels: 2717, 2817 Despite the bearish appearance of the chart, key indicators show that major market players are bullish. Close attention should be paid to the critical resistance at 2717. After Friday's test and subsequent pullback, the price has returned to this level, enhancing the likelihood of a breakout. Rate, share your opinions and questions; let's discuss the current situation with BINANCE:ETHUSD. Regards, R. Linda