🐂 Peter Brandt: Strong Bull! ETH Ready to Roar 🚀
The veteran trader Peter Brandt stirred the market with a straightforward message about the state of cryptocurrencies.
Brandt's Reading:
* $BTC: The bull "is still alive and well" 💚. This means that Bitcoin's long-term bullish structure remains intact despite the recent correction.
* $ETH: "Ready to rock" 🎸. Ethereum is showing clear signs of recovery, driven by DeFi and the efficiency of Layer 2s. It may have a big moment soon.
* $XRP: Just "a small reaction within a larger movement" 📉. For Brandt, the asset has not yet reversed the bearish trend.
* $XLM: A "bull waking up from a nap" 😴. Stellar, which was quiet, may be about to gain strength.
Conclusion:
Brandt, with his decades of experience, emphasizes that the market (the "bull") has not yet had its final word. Bitcoin remains resilient in the support zones, and Ethereum is preparing to be the next big highlight of the rally.
