ETH Monthly Close: The Dawn of Altcoin Season?
ETH Ethereum successfully completed its monthly close last night. Looking back at last month's monthly line shape, it can be described as impeccable.
The monthly line shows an extremely elongated and quite full-bodied bullish candle. Notably, the upper and lower shadows of this candle are almost undetectable, nearly nonexistent.
Such a near-perfect monthly line shape lays a positive foundation for the subsequent market trends. From a technical analysis perspective, it strongly suggests that this month ETH will likely continue to produce bullish candles. If this holds true, it undoubtedly means that this month's ETH market trend will be extremely promising, with the potential to shine brightly.
We eagerly anticipate that ETH can play its leading role, guiding a number of altcoins to bravely move forward, creating a strong upward wave in the market, and successfully opening the long-awaited altcoin season for many investors, injecting new vitality and passion into the entire cryptocurrency market, and creating more investment opportunities and wealth effects.
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