Same for bitcoin but for Ethereum is a bit different. Ethereum had made of its own roadmap; so it’s going to be a bit of a roller coaster.
400-550 area is the bottom for Ethereum. The blocks from it going to be incredible before bitcoin halving in April of 2024.
History is slowly repeating itself of all cryptos ( some of it had gone there before).
The new uptrend needs to be created ASAP; old trendline couldn’t hold much longer but has to create new lows & new bottom to form an stronger uptrend.
The new high for Ethereum is $10,000 but I can see will hit $5,000 more before 2030.
Overall: The buys going be short and mid term just to meet resistance before the big crash and the bears are already back will be stronger than ever. Trade safe and watch any reversals do your thing.
Let’s make this bag
400-550 area is the bottom for Ethereum. The blocks from it going to be incredible before bitcoin halving in April of 2024.
History is slowly repeating itself of all cryptos ( some of it had gone there before).
The new uptrend needs to be created ASAP; old trendline couldn’t hold much longer but has to create new lows & new bottom to form an stronger uptrend.
The new high for Ethereum is $10,000 but I can see will hit $5,000 more before 2030.
Overall: The buys going be short and mid term just to meet resistance before the big crash and the bears are already back will be stronger than ever. Trade safe and watch any reversals do your thing.
Let’s make this bag
