ETHUSDT I have no idea why anyone buys alt coins. Eth is 50% lower today than it was 4-5 years ago. In any other world, that would make people bearish. But crypto? We’re always a month away from an alt season that will 5x prices. Problem is, when your down 80%, a 5x only gets you to break even. Find a single crypto that hasn’t dropped 80% multiple times since inception. I don’t get it. The idea that millionaires can be made in crypto ended almost 7 years ago.
ETHUSDT Golden Cross is forming on daily chart which can pave the way for future paths.....i am still optimistic till 2700, however, 3000 is still a long way....
ETHUSDT There is a strong and boring sideways channel, and buyers are currently maintaining it without being affected by negative news. Therefore, the possibility of a strong breakout to the upside is very likely.
If we overcome the negative news that Trump is hinting at — including the possibility of going to war — there will be a breakout. However, if we fail to overcome it and enter a wave of negative news, the Crypto will drop to the next support level.
Today, the market is driven by news, not technical or chart indicators — as all of them currently point to an upward movement.