اثيريومشراء
How high will ETH go?
For the past couple of months many have doubted ETH, and some have even claimed it would crash the crypto market as ETH for a while has lagged heavily behind BTC. Attention has been high on BTC and alternatives projects like SOLANA, but things can change very rapidly in the crypto space and BTC is tearing through new highs as we speak. I think ETH has the potential to surprise many during this crypto cycle as we are still very early in the logarithmic regression curve for ETH.
If BTC breaks the highly coveted 100K target, which i i believe it will, as the entire crypto space has many positive catalysts going for it right now including: the Global Liquidity cycle, post halving pump, Crypto ETfs, Trump, lower interest rates, etc., then things will become chaotic, and ETH can very well mimic its past cycle performance.
If we look at the logarithmic weekly chart, in the last cycle when ETH broke the 2018 high, ETH was able to pump over 240% from its 2018 top. Once the 2021 top is broken this time around, a repeat of that price action can put us right around that trillion mc mark for an ETH of ~ 16k.
Its a bold claim but time will def tell. I'll still be looking at the regular weekly and daily chart and of course take profits along the way. Many already cover ETH daily so i won't be updating this too much. Best of luck!
If BTC breaks the highly coveted 100K target, which i i believe it will, as the entire crypto space has many positive catalysts going for it right now including: the Global Liquidity cycle, post halving pump, Crypto ETfs, Trump, lower interest rates, etc., then things will become chaotic, and ETH can very well mimic its past cycle performance.
If we look at the logarithmic weekly chart, in the last cycle when ETH broke the 2018 high, ETH was able to pump over 240% from its 2018 top. Once the 2021 top is broken this time around, a repeat of that price action can put us right around that trillion mc mark for an ETH of ~ 16k.
Its a bold claim but time will def tell. I'll still be looking at the regular weekly and daily chart and of course take profits along the way. Many already cover ETH daily so i won't be updating this too much. Best of luck!
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key area once again, can retace back but it looks like we on the verge of a breakout
Currently printing a bull falg on the 4H after bouncing from the 0.382 FIB level + anchored VWAP +50 EMA
with good volume
Target set at 4050$ with great confluence
will consider converting some BTC into ETH
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resistance up ahead we hare golden crossing
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ETH inching higher towards 4K
ETH/BTC looking like it wants to bounce up which is great for ETH as there is a lot of room to cover
and with BTC.D also dropping, ETH in a really good spot right now.
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great move inching towards 4k
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there's 4k !
expecting a small pullback in the smaller timeframes and ETH to continue rallying up in the next few days towards the ATH
ETH/BTC looking good as its bouncing up from Longterm support
and BTC dominance continues to freefall towards the 200 EMA
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here we go
we going to break 4k again real quick
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