Ethereum 8K or 2K First?
Hello all!
Ethereum has been outperforming Bitcoin during this bull cycle. Ethereum is still holding the triangle support, 200ma (daily), and the trend curve from Sep. 2020. A break out from this resistance can push Ethereum into a complete parabola following the curve.
However, always keep in mind the market is still mainly decided by Bitcoin. If Ethereum broke all of these support levels expect a violent fall to our key support levels and expect bounce as those key levels.
Ethereum has been outperforming Bitcoin during this bull cycle. Ethereum is still holding the triangle support, 200ma (daily), and the trend curve from Sep. 2020. A break out from this resistance can push Ethereum into a complete parabola following the curve.
However, always keep in mind the market is still mainly decided by Bitcoin. If Ethereum broke all of these support levels expect a violent fall to our key support levels and expect bounce as those key levels.
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