And Ethereum. Pay attention to the strong zone it is in! This is a real bullish flag at the top. There is not even a hint of a correction like that of Bitcoin here.
Compare: while Bitcoin is correcting, Ethereum is holding closer to its local maxima. This indicates that major players are starting to accumulate Ethereum, preparing for its growth.
The RSI on the daily needs to unload, but on the weekly it is in a neutral zone, and on the monthly timeframe, Ethereum is in an oversold state, which hasn't been seen even during the corona crash of 2020!
Locally, the market may still be a bit overheated, and a small correction is possible, but the medium-term reversal is already close.
Don't forget about Trump's meeting with Powell, where the interest rate cuts were discussed. If we see a reversal pattern in interest rates in June, the growth of the crypto market will become even more likely. In any case, historically, each cycle has been accompanied by significant growth, and we still have time until at least November.
I am confident that in this cycle we will see significant growth in many altcoins, especially those that have not yet shown their potential, such as Ethereum and Cardano.
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