A Golden Finance report states that independent analyst Poseidon has stated that ETH experienced its 'last fall' last weekend, falling to $2,382, but immediately rebounded to over $2,500 within 48 hours. The trader explains that ETH recovered the 200-day EMA level within an 8-hour time frame, and the weekend's fall was a 'Bear Market trap/deviation', with a possible 'lowest retracement point' of $2,500 before reaching a new all-time high. The analyst states, 'If it stays above $2,600, I will add more long positions. I still believe this range will eventually break out.'