🚀 *ETH ANALYSIS: IS IT TIME TO BUY?* 🚀
👀 *WEEKLY OUTLOOK:* Slightly bullish Monday/Tuesday for ETH, with potential for choppy pullbacks.
*WHY?*
1. *ETF INFLOWS:* Crypto didn’t dump over the weekend, and ETH ETFs have seen inflows. This could fuel a price increase.
2. *BTC STRENGTH:* ETH often follows BTC’s trend.
3. *TECHNICAL PICTURE:* Holding $4,100–4,150 zone could lead to a break above $4,200 and potentially reach $4,350/4,500.
*SCENARIOS:*
- *BULLISH:* Hold $4.1k → break $4.2k → accelerate to $4.35–4.5k
- *BEARISH:* Monday morning ETF outflows → break $4.05k → test $3.95–3.9k
*KEY INDICATORS:*
- ETH spot-ETF inflows/outflows
- ETH/BTC pair (ideally holding ≥0.035)
*PROFESSIONALS’ VIEW:*
- Pentoshi: expects strong growth on Monday
- Ted Pillows: calls the market structure the most bullish ever
- Cointelegraph: believes a break above $4,200 could lead to a 100–200%+ move
- BeInCrypto: notes ETH’s stability due to long-term holders
*CONCLUSION:*
Most signals point to a bullish start of the week for ETH. But remember, the crypto market is unpredictable! 🤔
*WHAT TO WATCH:*
- New large purchases
- Breakout above $4,200
- Support from LTH holders
*POTENTIAL OBSTACLES:*
- ETF outflows
- Technical momentum stalling
- Negative macroeconomic news
Stay tuned! 📊 #ETH #CryptoMarket #bullish #TechnicalAnalysis $ETH #Ethereum