Ethereum
Long
Zaktualizowano

ETHEREUM - $5000 loading! - Super Bullish?

700
Price Overview:
ETH showing signs of a major bull rally! Here’s what’s happening:

1️⃣ Trendline Breakout: ETH has successfully broken out of a major trendline, signaling bullish momentum.
2️⃣ Next Stop: ATH! The next resistance level aligns with its all-time high, making this a crucial milestone.
3️⃣ Altcoin Rally Dependency: For the broader altcoin market to rally, Ethereum must break its ATH first.

✨ The Bitcoin Connection:
Bitcoin dominance plays a pivotal role in the altcoin market? When Bitcoin dominance weakens, it creates room for altcoins—to shine. If ETH breaks its ATH, it could kickstart an exciting altcoin season.

💡My Expectations:
ETH looks poised to reclaim its ATH soon. A breakout here could be the trigger for the next big rally.🚀

Stay tuned for further insights, updates, and trade safely!

If you enjoyed this analysis, leave a comment and help boost the post. Let’s grow together!

⚠️ Disclaimer: This is NOT a buy/sell recommendation. All views are personal and shared for educational purposes only. Do your research before investing.

Thanks & Regards,
Anubrata Ray ⚡
Zlecenie aktywne
Last time the price failed to hold the higher levels after the trendline break. Now, the price is again trying to move up, expecting to break the ATH. It's a high-probability setup for me!

snapshot

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