Ethereum is forming a symmetrical triangle, which is a neutral-to-bullish pattern.

If ETH follows this structure and breaks out above resistance, we may see a strong move soon, and the price could reach $3,150 to $3,300.

Altcoins have been falling for a long time, and most of them are now in the oversold zone, so a pullback or relief bounce can be expected 👍

$ETH

ETHUSDT

Διην.

3,253.63

+0.90%