If you HODL ethereum read this! 👇 $ETH

Ethereum’s technical analysis and on-chain signals currently are very similar to the patterns observed in the early 2017 bull run. 😌🤞

Back then Eth saw gains exceeding 25,000%!!

A noticeable indicator is the appearance of a Dragonfly Doji candlestick on the monthly chart, a pattern that historically signals a potential bullish reversal. 🔥

This candlestick formation has a long lower wick and a close near the opening level, suggesting a rejection of lower prices and a possible shift in market control back to the upside.

In December 2016, a similar pattern happened and Ethereum surged from under $6 to over $1,400 within a year.

My honest feeling is that we will experience the long awaited altseason with ethereum possibly outperforming Bitcoin and most of the altcoins. 😉