2023-12-10 04:00:01

$ETH Update - following our scenario ⚡️

The altcoin market continues to show strong momentum, with most coins setting new yearly highs at the backdrop of a declining BTCDOM.

That is precisely what we've been expecting - these patterns repeat every bull market.

Look at $ETH chart - it broke through our $2345 target and closed higher on the 1D. Sellers got rejected trying to retest new support from above, providing another confirmation of the robust uptrend.

The next key target for $ETH is the HVN range of $2500-$2650, coinciding with the buyer risk zone from early 2022.

💡 Given the recent surge of funds into altcoins (over 75% of the total capital inflow), it appears that the altseason is still in its early stages. So, I expect $ETH to surpass HVN zone within the next week.

The further movement scenario is market on the chart.

ETH-0.6%

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