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Ethereum’s Slow Recovery and Neutral Price Action
Ethereum formed a rebound from the $2,100 support zone, but has been experiencing a slow recovery so far. The price action has been neutral, and Ethereum continues to trade sideways while most other assets continue to recover. Ethereum remains neutral, and crypto investors are still waiting for Grayscale ETF outflows to stop driving the price […]Read More
Altcoin Market Forms a Bull Pennant
The Altcoin market has formed a bull pennant, and there have been two recent shakeouts below $500 billion market cap. Altcoins are currently rebounding, and I’m still optimistic for a bullish breakout on this next upswing. I’m bullish after shakeouts because they usually result in a strong rallies afterwards. For now I want to take […]Read More
Bitcoin’s Strong Rebound from the Bull Flag Lows
We are almost halfway into the week and Bitcoin has formed a strong rebound after the recent Sunday flash crash. There is a long wick back up, and BTC is likely trending up to fill that CME gap between $59k – $63k. It is very important to see if Bitcoin has a rejection or breakout […]Read More