🐋 Good morning, team!
Against the backdrop of the BTC dominance rollback — $ETH is starting its acceleration!
Around $3,100, the bears who have been stacking shorts for the last 3 days are being liquidated. There is a massive shakeout of weak hands happening.
This is a signal: the market is returning the initiative to the bulls, and Ethereum is once again becoming a hot spot of attention.
A breakout at $3,100 could accelerate the movement towards $3,300–$3,400 — the zone where the real battle will begin.
Those already in position are doing great. Those outside the market — let's monitor the volumes and price reaction above $3,150.