If you zoom out and take a good look at the #ETH🔥🔥🔥🔥 chart on the Monthly TF, you'll notice there's still a massive gap for ETH to move towards a cycle top around 15,000. Here’s why I believe ETH is headed straight for that target.
When you consider the past price action, the RSI, and the overall market structure, it’s clear that ETH hasn’t even started to hit its stride. The fundamentals are stronger than ever, and with the momentum building up, it wouldn't be a surprise to see ETH push towards that 15k mark as the next major peak. Stay tuned; the ride is just beginning.
ETH is undeniably undervalued and significantly underperforming compared to BTC at the moment, but the bigger picture tells a different story. If you take a closer look at the Monthly RSI indicator, it’s clear that ETH still has a long journey before it even approaches the overbought zone.
History speaks volumes here. In previous cycles, ETH only reached its peak after tapping into that overbought territory on the RSI. Based on this pattern, it’s safe to say that what we’re seeing right now is just the beginning. The real fireworks are yet to come.
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This is the perfect time to buy. Everyone's crying about $ETH being "dead" because of its slow movement—exactly the kind of noise you hear before a big move. Remember when everyone swore 73k was the top for BTC, and a bear market was coming? What happened next? BTC shattered expectations, flying past 77k and hitting 89k-90k.
The same clueless sentiment surrounds ETH now. Smart money knows what to do—fill your bags and stay ahead of the herd.
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