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ETH presents a clearer picture
ETH ETHUSD presents a clearer picture. After breaking out of a falling bullish flag pattern, a retest is likely, making the $3,200 to $3,400 area an attractive entry point for new investors. The timing of this move will likely depend on the highly anticipated ETF approval, though we urge caution due to the potential for a "sell the news" event, similar to what we saw with the Bitcoin ETF earlier this year.
ETHUSD presents a clearer picture. After breaking out of a falling bullish flag pattern, a retest is likely, making the $3,200 to $3,400 area an attractive entry point for new investors. The timing of this move will likely depend on the highly anticipated ETF approval, though we urge caution due to the potential for a "sell the news" event, similar to what we saw with the Bitcoin ETF earlier this year.
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