Ethereum #ETH has completed the expected trend for October 24 (blue dashed line): breaking through the EMA200 moving average, the trend shifts from bearish to bullish, and resistance becomes support.
Next, as long as the price remains above the EMA200 (even if there is a pullback), the upward trend is expected to continue and may replicate the strong performance seen in early 2024.
Ethereum still has opportunities for long positions or buying in the future, but now is not the best time.
Bitcoin is fluctuating around the $100,000 mark, and preserving profits is often more important than aiming to earn a little more.