#MarketPullback : WHAT TO EXPECT IN AUGUST
I think august will mostly bearish because of ETH Symmetrical Triangle PATTERN in Weekly Chart

This is my Take For $ETH

📈 What Could Happen Next?

🟢 Bullish Scenario: Breakout Above $4000

If ETH breaks and holds above $4000, it could signal the start of a major rally.

Next targets: $4500 → $4800 → ATH retest at $4900+

🔴 Bearish Scenario: Rejection and Pullback

If ETH fails to break resistance again, expect a pullback toward $3000–$3200 support.

As long as the ascending trendline holds, the bullish structure remains intact.

🧠 Future Positioning Idea:

Long-term bulls can consider buying dips near trendline or EMA support (~$2800–$3100 zone).

Short-term traders can wait for a confirmed breakout above $4000 with strong volume.

Watch macro sentiment, BTC dominance, and ETH ETF news for catalysts.

#SECProjectCrypto #ETHCorporateReserves

$ETH