Despite Tom Lee calling for ETH to $18k (which I happen to agree on btw), I think his timing is completely off. He's thinking that ETH is bullish here and that we're going to go to new highs this year.
I think the opposite. I think the top is already in for the year and that we're going to head to new lows first before we make our way to new highs.
BMNR doesn't look good either. The chart is bearish on the 3W and 1M timeframe with a bearish divergence on the RSI.
I think it's more likely that BMNR retests the lows before it sees any large pump.
Let's see how the chart plays out over the coming weeks/months.
I think the opposite. I think the top is already in for the year and that we're going to head to new lows first before we make our way to new highs.
BMNR doesn't look good either. The chart is bearish on the 3W and 1M timeframe with a bearish divergence on the RSI.
I think it's more likely that BMNR retests the lows before it sees any large pump.
Let's see how the chart plays out over the coming weeks/months.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.