📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
Ethereum is approaching all-time highs, fueled by a $1B single-day ETF inflow. Additionally, rumors of potential SEC approval for Ethereum staking policy could directly boost ETH’s utility — strengthening the long bias.
📈 Technical Analysis
Price has pulled back to the daily fair value gap. HTF fair value gaps are historically strong zones for potential bounces.
📌 Game Plan
I expect possible expansion toward all-time highs here, as we have broken the LTF market structure.
📋 Trade Management
Entry: 4602$
SL: 4455$
TP: All-time highs at 4867$
💬 Like, follow, and comment if you find this setup valuable!
Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
Ethereum is approaching all-time highs, fueled by a $1B single-day ETF inflow. Additionally, rumors of potential SEC approval for Ethereum staking policy could directly boost ETH’s utility — strengthening the long bias.
📈 Technical Analysis
Price has pulled back to the daily fair value gap. HTF fair value gaps are historically strong zones for potential bounces.
📌 Game Plan
I expect possible expansion toward all-time highs here, as we have broken the LTF market structure.
📋 Trade Management
Entry: 4602$
SL: 4455$
TP: All-time highs at 4867$
💬 Like, follow, and comment if you find this setup valuable!
Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Trade closed: stop reached
Disclaimer
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.
Disclaimer
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.