Anasssss

$ETH



Hello Traders 🐺

When I opened the ETH chart today and switched to the weekly timeframe, I saw something unbelievable with my own eyes! 🤯 That’s why I decided to share it with you, my friends. I truly believe there’s a very high chance for ETH to explode to a new ATH! Let’s break it down:

Why am I still bullish and not talking about anything bearish these days? 🤔

✅ The BTC.D Chart – The Most Important Factor
BTC.D is sitting at its most critical resistance level. Not just one, but two bearish divergences have already formed on the weekly chart, signaling a potential reversal. I will also update my last idea about BTC.D, so make sure to follow me for upcoming updates! 🔔🔥

Other Reasons to Stay Bullish on ETH & Altcoins 💎

📉 Weak hands are leaving the market
💰 Inflation is falling, which means we could see rate cuts very soon
🏦 Quantitative Tightening (QT) is ending soon
🇨🇳 China is printing money, and the FED will likely turn the printers back on
📍 ETH/BTC is sitting at a key monthly demand area
📊 Binance has increased its ETH holdings by over $600 million just this week!

These are the reasons why I remain extremely bullish on ETH and Altcoins. And now, let’s dive into the ETH chart—because that’s exactly why you’re here!

ETH’s Repeating Pattern – A Bullish Setup! 🔄🔥

As you can see on the chart, ETH has a history of repeating the same pattern over and over again. 🌀 Back in 2020-2021, before the massive ETH & Altcoin rally, we saw a huge weak hands shakeout. Just before the shakeout, everyone thought ETH had formed a double bottom and was ready to fly—but then BOOM! 💥 A huge shakeout happened, followed by a rally to new all-time highs. 🚀

Now, the same pattern is unfolding again! We have an Inverse Head & Shoulders, which is a bullish pattern. Then, we saw a massive shakeout just below the previous low, causing a bullish divergence on RSI—and now, things are starting to change! 🔥📈

✅ Make sure to act accordingly, my friends!