There’s a different kind of energy around ETH right now. Some say Ethereum is mirroring Bitcoin’s summer 2023 setup—ranging before a major breakout.
🔹 Strong base at $2100–$2200 → Every dip there feels like a gift.
🔹 Break & hold $3050–$3180 = All-time highs back in play.
But will it be a parabolic run or a slow grind? 👇
1️⃣ Scenario 1: "COVID-style" breakout 🚀
2️⃣ Scenario 2: Retest & rally 📈
💡 My take: If ETH clears $3180 and holds, altseason momentum follows.
Are you betting on an Ethereum explosion? Or do you see a different play?
#Ethereum #Crypto #Altcoins #ETH #DeFi #Markets
🔹 Strong base at $2100–$2200 → Every dip there feels like a gift.
🔹 Break & hold $3050–$3180 = All-time highs back in play.
But will it be a parabolic run or a slow grind? 👇
1️⃣ Scenario 1: "COVID-style" breakout 🚀
- Price rips past $3050–$3180, never looks back.
- Bulls absorb every dip aggressively, fueling a vertical move.
- A clean breakout could lead to new all-time highs this cycle.
2️⃣ Scenario 2: Retest & rally 📈
- ETH first pushes toward $3050–$3180, but then returns to $2200 in March.
- This sets up a stronger foundation before an explosive April.
💡 My take: If ETH clears $3180 and holds, altseason momentum follows.
Are you betting on an Ethereum explosion? Or do you see a different play?
#Ethereum #Crypto #Altcoins #ETH #DeFi #Markets
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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.