ETH is ready!
2025-01-27
Category: None

Let me tell you about an asset that’s usually one of the worst performers in the market. But hold on—don’t start throwing rotten tomatoes just yet! I honestly think there’s serious potential here, kind of like XRP or SOL.

Lately, the crypto market’s been pretty quiet, which usually means a big move is coming soon. BTC looks ready to make a move, and when it does, the rest of the market will follow.

If you check out the ETHBTC chart on the weekly timeframe, there are a few bullish signals popping up—like divergence and a range bounce signal.
As for ETHUSD, the daily chart looks solid. Right now, it’s forming the right shoulder of an inverse H&S pattern. Plus, there are a few unfilled CME gaps above that I think we’ll see filled soon.

The main risk here? In the worst scenario ETH could drop to $2,900 - $2,800. But honestly, even if that happens, it just makes a long position even more attractive. Either way, I’m already in the position.