$ETH Analysis Weekly (02)
The Idea is still the same. Ethereum is still in the range. However, it's important to notice here that price has bounced off the support and is trying to reach its nearest major resistance 3200. Once it breaks 3200, and gives proper daily closing above it, then we can expect more upward movement and possibly touching its new heights. It's just a beginning for ethereum. Ethereum will soon outperform BTC because of various factors like its spot etf and hype. When Eth will outperform Btc, it will mark the 2nd phase of Bull run i.e; alt season and alts will start their new rallies and give big profits! đđ„
Keep an eye on the resistance zone as mentioned
