The market will give us the opportunity to enter tonight... it will also give us the chance tomorrow when the new weekly candle begins its first day.
On the daily frame for Bitcoin, Ethereum, and Solana, the situation is positive... starting from the two-hour frame and then the other smaller frames, the situation is slightly negative.
When the larger frame is positive and the smaller frames are negative, this means a temporary correction within a larger upward trend.
If Ethereum closes tonight above 2116 and the Other Index closes above 250 billion, we can enter then while being reassured, but we might lose for a day or two — this is a possibility due to the negativity of the smaller frames —. Then after that, we will take profits.
Or you can wait for a day after a successful close and then enter... closing above these numbers means that the market is on the verge of a 2x increase.
🪙 Question: Why close above these specific numbers?
Because they represent the breakout point of the last peaks for both Ethereum $ETH and the Crypto Total Market Cap Excluding Top 10...
Stability above these numbers means that they are determined to rise further, but if the close is below these last peaks, it means they may have already reached the peak and are on their way to a significant decline. So far, the situation is positive!
