So as long as BTC doesn't do a big dump, it sure looks like ETH might push next. With BTC being close to ATH and ETH still missing another 30% just to get to ATH (in USD), that does seem plausible enough.
Going by this projection though and assuming at least a stable BTC at the current levels (midterm), that would put ETH significantly higher in USD value from the current price of 3.7k.
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Followed the orange path so far:
Nice reaction there, though too early to call. Always a chance for another sweep of the lows.
ETH/USDT is looking interesting too though:
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Still the orange path, now with a hit of the lower channel bound (in log) right at the 61.8 retracement level.
Comes with some noteworthy bullish RSI divergence on the weekly.
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Beautiful starting move sending ETH from ~3k to ~3.7k