Very simple. Turn on bbands, put the candles to weekly and be amazed. Extremely tight bands = explosive move EVERY time. We should see .08 this year without an issue. No need to overthink this. Bitcoin halvening and ETH 2.0 will easily support this movement.
Currently overbought to much too high degree. In my personal opinion the last good time to fomo was in the 250s at the highest. If you're looking to enter a position, I would recommend against doing it here and waiting for a retrace to 255-260 at the VERY, very least. There should be at least a week if not several weeks of correction+consolidation in the near future. $224 is strong support.
Very short term bearish as fuck. Medium and long term almost could not be any more bullish than it is right now.
Currently overbought to much too high degree. In my personal opinion the last good time to fomo was in the 250s at the highest. If you're looking to enter a position, I would recommend against doing it here and waiting for a retrace to 255-260 at the VERY, very least. There should be at least a week if not several weeks of correction+consolidation in the near future. $224 is strong support.
Very short term bearish as fuck. Medium and long term almost could not be any more bullish than it is right now.