Looking at the chart development of the last years, we should actually be in the intermediate hiatus before the continuation of the bull run here. JP Morgan and other banks are gearing up and getting more excited about the number two in the market, while they are giving less appreciation to Bitcoin. I believe ETH should now recover from this point and move to higher highs, smaller short-term dips are possible. See you at the NEW ATH.
P.S: All those who are shorting and think I don't understood the bull cycle should remember that the sell the news from major institutions has not yet occurred. So the sentiment is not so negative :D
As always: The chart does not represent an investment recommendation for ETH. Sell and buy ether on your own responsibility. Always do your own research. Never invest more than you can afford to lose
P.S: All those who are shorting and think I don't understood the bull cycle should remember that the sell the news from major institutions has not yet occurred. So the sentiment is not so negative :D
As always: The chart does not represent an investment recommendation for ETH. Sell and buy ether on your own responsibility. Always do your own research. Never invest more than you can afford to lose