Humans are becoming more optimistic about crypto, as higher-than-ever sums of money are pouring into crypto ETFs, demonstrating that confidence is increasing. The social media is mostly bullish, but there are some old-timers who fear that Wall Street is getting over-involved. Although there are some fluctuations in the short-term, the large interest in ETFs and the good performance of Bitcoin and Ether are making the perspective look positive.
breaking above the earlier resistance and well above the 20-day moving average — a strong bullish signal.
Ethereum has climbed to $3,373, also reclaiming its 20-day MA, suggesting early signs of momentum recovery.
This shift confirms a bullish bias in the short to mid term for both BTC and ETH. Let me know if you want updated support/resistance levels or entry points.