$ETH Monthly Chart | Macro Perspective Update

We've seen a solid mid-term bounce, just as I anticipated 👌

It appears that we've invalidated the bearish scenario (Wave Y to $700) by breaking above the red Rejection Zone 📈

We can't ignore this strength, as it doesn't seem like a Dead Cat Bounce.

Now, we need to wait for the monthly close to confirm the bullish bias for the remainder of the year 🐂