Well, that global market crash on August 5 hit $ETH badly and we lost the $2.8k Support violating the parabola curve.
However, my Fib horizontals did a great job - 0.618 Fib held the body of the weekly candle & 0.5 Fib caught the wick 👌
And we have the Key Multi-year Support line that keeps me pretty bullish on #ETH 📈
💡 IMO the low is in, $2500-2100 is unbreachable Support Cluster. I still think we’re gonna have a glorious rally soon but first we may have to consolidate around the 0.618 Fib level & MA100 for a few weeks
Instead of betting on shitty odds (90% of new alts listed on Binance is down YTD) and trying to be a predictoooor just trade $BTC / $ETH / $SOL/ $BNB and Memes/new narratives (rwa)
No one's coming to save your bags so stack majoooor
Solana is at good buying level right now $SOL This call is based on $ETH uptrend long position here. For further update you guys can check my thesis on ETH based on BTC post ETF fractal
Long here
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