Good morning ☀️
#Bitcoin has finally reached the 100k mark. It’s really great to see #Ethereum and altcoins rising alongside Bitcoin.
I have mentioned many times that I expected Ethereum to accompany Bitcoin this time after the trend breakout.
In the current situation, the rise in the ETH/BTC pair is extremely positive for altcoins. While most people think it's due to the FED decision, the positive impact of the Pectra upgrade has actually been greater.
Current situation ;
🔹Whale activity is positive (+22)
🔹Funding rates are at normal levels
🔹Long ratios are low
🔹ETF inflows continue
Current technical data is still positive and supports the continuation of the rise. Additionally, the breaking of the fibo 0.618 resistance was also positive.
I will be making a few posts about Ethereum and altcoins throughout the day, friends. Wishing everyone a great day and plenty of profits.