Ethereum is really going to make a move this time, once the head and shoulders pattern is completed, the target points straight to 3200!
The four-hour chart is very clear, left shoulder, head, right shoulder, and neckline all align perfectly. It just strongly broke through the 2626 neckline, and once the structure is established, the technical target is directly at 3200!
Whether you believe it or not, the main force has started to move.
What's more intense is that Ethereum has a historic gap above 3000, this kind of 'debt the main force owes to the market' will eventually need to be paid back.
Now that BTC is surging to new highs, ETH hasn't really kicked into gear,
Do you really think it wants to always be the 'second place'?
As long as the rotation comes, it might be the strongest one!
Don't wait until 3000 breaks before you want to chase; by then, the long positions will be queued up, and you won't have a chance to profit.
Look at the chart, watch the rhythm, and don't let emotions cloud your judgment.
Now is the activation phase, not the waiting phase.
If this move is executed correctly, 3200 could just be a relay station.