Time to talk about $ETH.
Ethereum finally cleared the $2700 level and closed the day at $2800 — a solid reclaim on both the USD chart and the ETH/BTC pair. This is a big deal on the daily timeframe.
After four months of steady downtrend, then a month consolidating around $1600–1800, followed by another month chilling at $2500, it’s finally looking like $ETH might be ready for a real move. I grabbed some yesterday and opened a low-leverage long.
Now we’re at that classic stage — do you wait for a pullback that might not happen, or do you accept that a real breakout doesn’t always give you second chances? Personally, I’ve dipped my toe in. I’ll add more if we get a quick drop to $2650 or if ETH pushes through and reclaims $3K.
If $ETH can get above $3K, I’m leaning bullish toward a run to $3600+. Same logic as when BTC broke down and reclaimed $90K — we immediately started eyeing all-time highs again.
Also worth noting: the ETH/BTC chart finally doesn’t look completely wrecked. After 6 months of pain, we might be seeing signs of life.
Now, not everyone’s after a moonshot. $ETH won’t 10x, but it’s a solid play for those wanting decent upside without crazy risk. It’s also still lagging, so there’s a chance to catch a good move before it really takes off.
