𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝟮𝟬𝟭𝟳-𝟮𝟭 𝗖𝘆𝗰𝗹𝗲
➙ Dumped 85% from its peak
➙ Entered accumulation phase for an year
➙ Short-term recovery followed by a brutal crash (March 2020)
➙ V-shape recovery and pumped 20x from the bottom
𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝟮𝟬𝟮𝟭-𝟮𝟱 𝗖𝘆𝗰𝗹𝗲
➙ Dumped 85% from its peak
➙ Entered accumulation phase for an year
➙ Short-term recovery followed by a brutal crash (April 2025)
➙ V-shape recovery is happening now
Looking at $ETH, it feels like $4K resistance will be the most crucial.
Just like during the 2020-21 cycle, $10K BTC was the most important level and once BTC reclaimed that level, it went parabolic.
Something similar will happen with ETH too.