Locally for $ETH we are either going up from the current levels, drawing the final diagonal. Or we are already finally forming a correction of a higher degree somewhere towards $3500
To everyone waiting for a crazy surge right after the rate cut.
The maximum growth we will see is on the expectation of a rate cut (which is happening now), but when the actual cut occurs, markets usually react negatively. The only positive is that the tapering of QT has been ongoing for a considerable time, meaning the market's reaction won't be extremely sharp. #BTC #ETH
To everyone who is deeply involved in futures, I would advise to secure positions and reduce risk. The mood is shifting from euphoria to "everything is lost" somewhere close.
For most altcoins, 5 waves up have been established — these are strong altcoins, and we are unlikely to update the bottom on them, but a correction will happen. However, there are also weak ones, where the growth occurred in three waves. Holding them now is particularly dangerous.