This is the Ethereum ETF. ETHE is showing strength similar to Bitcoin.
Notice how ETHE closed below the 21-day exponential moving average (blue line on chart) on August 1st. It came right to previous resistance and bounced hard on high volume the very next day.
This is what I want to see – aggressive buyers taking advantage of temporary price drops.
I took a position in this stock as well this week. I want to see it hold above 10.75.