I think Ethereum is headed towards its next motive cycle for some reasons.
1- It seems to have completed a full elliott cycle over the last year and a half ; therefore the next one shall reveal itself.
2- Feb timezone points that the beginning of the next feb time frame is around November (based on how I drew it on the chart), which supports idea 1.
3- Law of vibration or time cycles , implemented on the the previous rally, matched the start of this rally and points at the beginning of the next stage (around the same time as in 2).
4- following the point C of the previous corrective wave, followed by consolidation period, we saw what looks like a new rally followed by a correction (ongoing), which seems like were on the binge of hitting wave 3 of this , dare I say, bull run.
5- Google trends ,show that the number of searches regarding the word "Ethereum" is increasing worldwide, 100% more searches in China, and 75% in Swiss. Therefore the most populous and one of the richest countries are showing deep interest.
I may be wrong, I may be right, so it would be interesting to see what the market is hiding for us.
GoodLuck!
1- It seems to have completed a full elliott cycle over the last year and a half ; therefore the next one shall reveal itself.
2- Feb timezone points that the beginning of the next feb time frame is around November (based on how I drew it on the chart), which supports idea 1.
3- Law of vibration or time cycles , implemented on the the previous rally, matched the start of this rally and points at the beginning of the next stage (around the same time as in 2).
4- following the point C of the previous corrective wave, followed by consolidation period, we saw what looks like a new rally followed by a correction (ongoing), which seems like were on the binge of hitting wave 3 of this , dare I say, bull run.
5- Google trends ,show that the number of searches regarding the word "Ethereum" is increasing worldwide, 100% more searches in China, and 75% in Swiss. Therefore the most populous and one of the richest countries are showing deep interest.
I may be wrong, I may be right, so it would be interesting to see what the market is hiding for us.
GoodLuck!