ETH is looking very bullish!
Looks like a relief rally was executed after the March 16th rate hike.
Why? Why on earth would something like ETH have a 700 point run after interest rates were just hiked?
Simple; the rookies shorted the market on this news whilst the big smart money was anticipating the date for weeks.
This leads me to believe many bears got trapped around $2,500-$2,600.
Is this bull rally going to break ATH? I'm highly confident the market isn't ready for another ATH just yet.
After this bullish activity is gone I believe ETH will be headed to $1,900!
Looks like a relief rally was executed after the March 16th rate hike.
Why? Why on earth would something like ETH have a 700 point run after interest rates were just hiked?
Simple; the rookies shorted the market on this news whilst the big smart money was anticipating the date for weeks.
This leads me to believe many bears got trapped around $2,500-$2,600.
Is this bull rally going to break ATH? I'm highly confident the market isn't ready for another ATH just yet.
After this bullish activity is gone I believe ETH will be headed to $1,900!