$ETH Price Update 🚨 ▶️ Power-of-3 pattern formation ▶️ | Ether Wiz on Binance Square

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$ETH Price Update 🚨 
▶️ Power-of-3 pattern formation 
▶️ Dump below $2.1 was the capitulation 
▶️ First major target is $3,000
I think $ETH could pump to $3K-$3.4K within 4-6 weeks.
After that, there could be a correction towards $2.8K-$2.9K before the next leg up.

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+0.68%

937

0

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Crypto Market Update 🚨 $BTC and alts have rebounded strongly after the Sunday dump. The rally seems to be a mix of spot driven and short squeeze. The funding rate is still normal across the board, which means this rally could extend further. 2 coins I'm focusing on the most are $ETH and $BNB. Nano Labs just announced to raise $500M for buying BNB, and this hasn't been priced in. Bloomberg analysts are calling for ETH staking approval in Q3, and smart money will front run it for sure. Also, SOL is looking good here because of upcoming ETF approval. Overall, I think BTC could pump 10%-15% and alts could rally 20%-30% from here before any major correction.

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NASDAQ is almost back to its previous ATH. And there's a simple reason behind it. If anything good happens, the markets will pump. If anything bad happens then the Fed will print, and the markets will pump. In either case, the market will go up in the long-term. And because crypto follows stocks, I think BTC and alts are also going to have major rallies in the coming weeks.

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Crypto MCap inverse head and shoulder pattern 👀 The recent dip was the final capitulation before reversal. Reasons: CPI inflation is cooling down after oil prices dump Probability for July rate cut is going up Companies are raising billions to buy more BTC Spot ETF approval for alts are coming $4T is the next stop.

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Crypto MCap inverse head and shoulder pattern 👀 The recent dip was the final capitulation before reversal. Reasons: CPI inflation is cooling down after oil prices dump Probability for July rate cut is going up Companies are raising billions to buy more BTC Spot ETF approval for alts are coming $4T is the next stop.

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