This is not technical analysis. Just...
Athough there is a bearflag forming at 1H chart, this is the first time after long weeks period where ETH seems to shows its strength. It's holding support position with bottom at 82USD nicely, while BTC couldn't and dropped from 3300 to 3200USD.
ETH may be targeting 72USD, (and subsequently 49USD may become real too) but I can feel a smell of consolidation in the air.
Athough there is a bearflag forming at 1H chart, this is the first time after long weeks period where ETH seems to shows its strength. It's holding support position with bottom at 82USD nicely, while BTC couldn't and dropped from 3300 to 3200USD.
ETH may be targeting 72USD, (and subsequently 49USD may become real too) but I can feel a smell of consolidation in the air.