Analyst bullish on $ETH ! This week's plan to buy the dip

According to reports, American analyst Mike Zaccardi announced a repurchase of $ETH this week, after previously reducing some ETH ETF positions in November due to tax issues.

He pointed out that the technical indicators are showing positive signals: the adjustment may be nearing its end, and ETH has shown relative strength since August compared to $BTC ; the RSI has broken through the downward trend line, which could be an early signal for an uptrend.

Reviewing the trend, ETH fell 47% to a support level of $2600 after nearing $5000 over the past three months, although $4100 remains a key resistance, but signs of stability are already evident.

BTCUSDT

Perp

93,367.9

+3.73%

ETHUSDT

Perp

3,291.04

+5.98%