ETH — now this is beautiful 👍🤝
So, we have reached the zone of interest, from where we can look towards longs, rather than mindlessly opening positions 😉
✨ What we have:
🔹 we are removing liquidity from 4150
🔹 entering the overbought zone (IMB)
🔹 we are protected by some OB 4060–4000
In my opinion — this is a fantastic zone for building positions (at least local ones).
But what scares me…
😏 Bitcoin dominance is still present!
And as I mentioned earlier, I expect BTC around 110,500 (currently it’s 113,500), so the potential for a drop in both ETH and all altcoins still remains.
➕ Additionally, right now the entire forex market is red, and crypto even more so.
And it’s all because today news came out in the USA and Trump was speaking… and this old man might say something outrageous 😏
🫡 As soon as I find out the details — I’ll let you know.
