ETH has been trading in a range since the beginning of December, liquidating traders on both sides. Looks like the accumulation zone is finally going to break, leading to some great expansion in the form of another leg up. This comes on the back of increasingly likely BTC ETF approval.
Note
ETH breaking out while BTC fades. Interesting.
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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.