🚀 $ETH Analysis – Weekly Confirmation & Daily Strength
After $ETH reached the weekly swing high, the price pulled back into the weekly Fair Value Gap (FVG) — and the weekly candle close was perfect, showing respect for that zone.
✅ What we want to see now is a continuation of the bounce from the weekly FVG.
📊 On the daily timeframe, ETH showed further strength by:
Disrespecting the bearish FVG (SIBI)
Forming a new bullish FVG (BISI)
This gives us a strong bullish structure.
📍 We could now see a retracement to the daily BISI, followed by another bounce higher.
🧠 What If ETH Goes Higher & $BTC Dominance Drops?
If ETH continues moving up while BTC Dominance (BTC.D) keeps dropping, this could signal the start of an altcoin rotation phase — where capital begins to flow out of BTC into ETH and other major alts.
📈 This kind of setup often fuels:
Strong ETH performance
Early signs of an altseason
🔥 In that case, ETH might lead the market temporarily, and outperform BTC in the short to mid term.
So keep your eyes on both ETH structure and BTC.D – this combo could open up high-probability opportunities across the altcoin space.
