So, friends, let's break down the current chart of #ETH⚪️ — today's market leader.

While everyone was burying Ethereum and laughing at it with a price of <2000$, I said — 🀄️don't write off ETH, everything has its time… and now its time has come!

Technically:

🫣 In the pair with USDT (1st screenshot) it is approaching ATH (~4870$), and there is very little left until it is updated. Right after the breakout, I expect to see an impulsive spike to 5,000$, after which we may either retrace or enter sideways trading, which will open the way up for the entire alt market🚀 (is the long-awaited AltSeason close?)

⮕ From the nearest targets, this area is ~7,000$⏺ ("Golden Ratio").

🫤 Personally, I expect at least 10,000$ for 1 ETH in this bullish cycle. It is quite possible that we will see 15-20k$.

😰 A more important picture is on the ETH/BTC chart (Ether in the Bitcoin pair, 2nd screenshot): here we have the beginning (yes, globally the very beginning) of the bullish channel, which is now a step away from breaking upwards🔼. Moreover, everything looks quite confident — the growth potential to the indicated target levels (0.08+) remains👌

⮕ Overall, we are moving in accordance with the previously outlined scenario.

Yes, Phase #2 called "Ethereum" is in full swing, but very soon it will be replaced by Phase #3.