June - $ETH forma cycle bottom of $881 July to August - ETH rallied 128%. November - It pulled back but never broke the June low.
So far, this cycle is starting to look similar.
If history repeats and $1,500 is the cycle low for, ETH could rally into August and 128% move from the June bottom would put $ETH around $3,400 in August.
Let’s wait and see how this cycle plays out. Not sure about $3,400 but I think $2400- $2800 is very possible.
Many will not believe but I'm expecting a good relief pump in July in Etherem. I'm LONG on Ethereum with Tight stop loss incase of worse case scenario.