There's 2 clear trendlines that support ETH at the current price. Therefor I believe there's a high chance that Ethereum will start it's run for a higher high from this price. I would expect a strong bearish divergence when it does, and this is when We could expect a final multi year bear market, and eventually the start of a new 5 wave cycle.
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.