GOOD MORNING!!!

(2) This post is part of a set of 6 posts that complement each other.

We have made a quick and solid advance so far in #ETH /BTC (0.037), it was faster than most expected, but this is the kind of thing we can define as a characteristic of the beginning of a bull market, and of course, it left most behind waiting for lower prices, since most "analysts" were calling for a downturn.

Our target here remains at 0.04069 in the short term, which should give us a bull market for Altcoins; of course, we need to form support above that level, but we shouldn't have too much difficulty doing so.

Although our target is a bit higher here, the current level (the gray range that I added to the chart) is a point to be observed, as we had a very quick movement and heated up the indicators.

I would like to see a pullback here to 0.03367 before we continue to my target in the yellow circle; however, despite wanting to see this... it is not very clear whether we necessarily need this to gain strength, we could make the same downward movement just after reaching the target in the yellow circle, it would yield the same result (IN MY OPINION).

In light of this, I think that any pullback here will be taken advantage of by buyers to increase their positions in their respective Altcoins before the big upward explosion.

Our higher target will probably coincide with the price of ETH reaching above $4,800K, which in MY OPINION is where we will see the beginning of an Altseason. However, do not think EVEN FOR A SECOND that even when that moment arrives we will not have pullbacks and corrections, because even in a bull season, we will still have that; the difference is that the recovery will be faster. Don't be fooled!

We do not need to mention here that all this strength of ETH comes from ETFs and the quick and silent search of large Companies for it; imagine when other good altcoins are noticed by these big companies?! Know how to choose the good projects that ARE STILL CHEAP.