š ETH's morning dump was just the beginning, and a bunch of people were watching the show. Now that they see various coins have also dropped, they can't laugh anymore. I've noticed that the whales of Ethereum are really very smart; they always run first, causing an early drop, and then other coins start to follow suit.
Actually, there's no need to mock ETH. ETH is the barometer for altcoins; when ETH dumps, other coins struggle too. So everyone should just be quiet and wait for next week's tariff-related bad news to settle, and the market will improve; patience is key. Follow for more information
It has broken an important resistance trendline and is currently in the accumulation zone, just like other altcoins that form a similar pattern before pumping. š
#Follow To be honest, yesterday's #BTC spiked to $85800 and then rebounded to $87600, which is a very poor low point, and that $84500 gap surprisingly wasn't reached.
Then #ETH broke below the support at 2041, and today it started to falter, I see it hasn't gone up yet, it's a very poor performance.
#BTC still hasn't broken the high of $88888 as of today, Thursday, but overall, the weekly chart is still in the state of a large bullish candle, with the fluctuation range getting smaller.
Let's see whether it breaks through or continues to oscillate at a low point.
PEPE is bouncing off a historical support zone marked by strong demand (circled area). Structure resembles a double bottom reversal, and bullish price action confirms upward momentum. Next targets align with prior resistance zones ā ideal for mid-term swing trades.
š Potential upside from here exceeds +300%, if momentum continues. Buy Pepe....šÆ