Trader Alert – Monster Breakout in the Making. Will this breakout be successful???
Three catalysts remain for the next 10 days...
👇1-15) We’ve been bullish on #Ethereum, and #ETH🔥🔥🔥🔥 is now finally testing the upper boundary of its massive triangle formation. A breakout at this level could pave the way to $4,092 (the 2024 high) and potentially challenge its all-time high of $4,812. But is this breakout likely? Few focus on the data that truly matters. While our research is forward-looking, it’s grounded in uncovering the critical insights that drive market movements, providing a clear perspective on what’s most important.
👇2-15) In our November 28 research report, ‘Smart Traders Are Switching Out of #BTC☀️ and Into…’, we highlighted a preference for Ethereum, driven by recent developments in U.S. courts. The court's ruling that sanctions against the crypto mixer #Tornado Cash were unlawful established a significant precedent, affirming the right of programmers to develop and release smart contract protocols. This decision could potentially ignite a new wave of #DeFi innovation, with Ethereum positioned as the primary beneficiary.
👇3-15) Additionally, we anticipated that Paul Atkins might be appointed as the next #SEC Chair, a prediction that now appears to be coming true. His leadership is expected to foster a more crypto-friendly regulatory environment over the coming years, further supporting the sector's growth.
Full report here: https://mail.10xresearch.co/p/trader-alert-monster-breakout-in-the-making-will-this-breakout-be-successful
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