$ETH

Hello everyone

Last week I said that if Ethereum breaks the daily downtrend, it will start the altcoin bull.

Ethereum tried several times in the daily downtrend but could not pass.

It seems like it will go down hard on the weekly.

In my opinion, this downtrend can be pushed for a few weeks because there is a strong resistance and they do not let everyone easily accept the rise of the alts.

There is no condition that it will pass.

However, this resistance needs to be passed and the altcoins need to make new ATH peaks.

There is only one question in our minds here?

Has BTC finished its rise?

No.

The 200-week average corresponds to 40 k x 4 = 120 k.

BTC can crush the alts one last time and see 65 with the dom, crush the alts and then the altcoin bull can start.