ETH: 2k in Sight!Ethereum / USDBINANCE:ETHUSDHKCM_GlobalWhat’s Changed? ETH continued its upward move since yesterday, approaching the $2,000 level and breaking through $1,900 along the way. Primary Scenario Our primary expectation is for further imminent sell-offs, which should take ETH not only below support at $1,385 but down into our green Target Zone ($1,169–$560.20). We anticipate the low of the prolonged corrective phase to form there, setting the stage for a long-term trend reversal to the upside. Alternative Scenario In our alternative scenario, ETH would soon turn higher again to establish a new corrective top between resistance at $2,464 and $3,656. However, this would also be followed by sell-offs toward our green Target Zone ($1,169–$560.20) (probability: 25%). Long-Term Outlook The 2-week chart confirms that, going forward, we primarily expect sell-offs into our green Target Zone ($1,169–$560.20), allowing the corrective move that began in November 2021 to complete there. From the Target Zone, we expect a significant upward move, which should only lose momentum in the red Target Zone on the upside ($11,758–$15,475).