EtherFi is hot right now just as Ethereum is very hot. The project looks really good with great offerings, great products... Let's consider the chart. If you have a good product with a great chart, that's a combination for a massive 2025 bull market. You are bound to get numbers beyond this chart.
The long-term support and accumulation zone was lost in late February/early March. It was recovered again in May. The bottom was only available for two months. You are one of the lucky few if you decided to buy at bottom prices. Prices that will never become available again.
ETHFI is back above its August 2024 low, thus bullish; now trading with a bullish bias within its long-term accumulation zone. A price zone where we can buy, big, focusing on the long-term. A great chart, huge potential for growth, can't say it often enough.
There is really high volume here, the highest since launch date.
This high volume indicates and confirms that the bottom is in. If prices were to move back lower, trading volume the past two weeks would be much lower. Since prices are set to grow, volume is really high, the whales are loading up.
Not all is lost. It is still early because the last drop was a stop-loss hunt event. Notice the blue space on the chart, this is the standard buy zone. Here, in this range, ETHFIUSDT traded for more than 3 months in 2024.
A bull market can be expected now, a bullish trend.
Nice and easy, buy and hold; the market will take care of the rest.
This post is meant to alert you of a great entry timing and prices.
This is for spot traders. An easy buy. —Focused on the long-term.
Thank you for reading.
Namaste.