As of today, the market looks very optimistic. The week for Ethereum opened above 2500, which provides compensation for sales on the weekly chart. One can continue to hold fan tokens to maintain growth consecutively. In the absence of a significant market downturn, an additional wave of purchases of 70-100% from current levels is likely. Binance also continues to support this group of instruments by adding futures. Tomorrow, there is a possibility of a new announcement regarding ATM City ACM.
As of today, the group of fan tokens remains the most undervalued instruments on Binance. Besides ATM CITY ACM, which are the most oversold among them, I am considering working with ALPINE due to the recent addition of futures on Binance and listings on several small exchanges. These factors may contribute to a significant influx of liquidity and growth. A technical signal has also been left for breaking strong resistance at 1.5, which will open the way straight to 2.5. In an optimistic scenario, in the next few days, we can expect an attempt to open above 1.5 in the second half of the quarter, which will provide a basis for purchases until the end of the half-year. In a more negative scenario, with Ethereum dropping below 1400-1500, there is a likelihood of a slight pullback and an attempt to consolidate above 1.5 for ALPINE already in the last days of the month with the aim of opening above this level for a new monthly candle. This pullback will provide an additional opportunity to add to the position and gain profit. I want to draw attention to the fact that the main level for increasing volatility is 2.5, and if it is broken, there is a chance for an impulse of growth to 5.0 and 7.5.
