🚨🚨🚨#Altcoin investors be on the alert: Critical hours in ETH!
Ethereum (#ETH ), which is hovering in a critical price December, will determine the fate of altcoins in a short time.
The admiral of the altcoins, who came to the fore with the news about the Spot ETH ETF agenda, confused people from a technical point of view. Ethereum (ETH), which has been going and going in a short price December for a few days, has not yet fully allowed the altcoins to rise. So how can the ascension scenario start in ETH? What are the levels that we should take into account in ETH for the altcoin rally?
Spot ETFs will be decisive for Ethereum (ETH)!
Bitcoin halving has wrapped up the cryptocurrency agenda. We are less than 20 days away from the halving, which has been eagerly awaited for weeks. Halving, in which BTC rewards will be halved, has pushed ETH to the background as an agenda. However, with the completion of halving, the arrows will indicate ETH. The increasing approach to decisions regarding Spot ETH ETFs will increase the demand for both Ethereum and altcoins. Positive news that may come from this side will directly pull the price flow up.
Ethereum (ETH), which has changed hands at $ 3528 as of the writing of the news, may start a bull run with the developments in the Spot ETF and its exceeding $ 3640. In such a scenario, the levels of 3970 – 4373 and 4800 dollars, respectively, can be followed as a resistance zone. the volume break of $ 4800 will be a harbinger of the altcoin bull.
Factors such as the arrival of negative news from spot ETFs or the continued dominance of BTC can attract ETH to $ 3294 – 3000 and 2720, respectively. In short, the altcoin rally, which crypto investors are waiting for with great enthusiasm, will take shape in the hands of Ethereum.
