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$ETH Crypto king, Trump’s backdoor positioning, full rebound!
Yesterday, a fellow group member reminded me about the Ethereum-to-Bitcoin exchange rate.
When I checked, I found something extraordinary.
ETHUSDT 1D
The classic W double-bottom pattern is now confirmed. If the rebound continues in the short term, first watch the resistance around 2100, and then 2330. Of course, it’s not recommended to chase the price higher; it’s better to wait for a pullback on a smaller timeframe before entering, with a higher risk-reward ratio.
ETH/BTC 3D
After repeatedly consolidating near the long-term downward trendline, it broke out on increased volume. After a flag-shaped consolidation, the upward breakout is clear—Ethereum is showing relative strength versus BTC.
Overall, it’s mainly a bullish watch in the short term. Ethereum’s little “junk” salty fish is about to turn things around.
#GoDiscord