@jebyers92
Market structure suggests that Ethereum may be preparing for a larger breakout. The ETH/BTC pair has shown signs of recovery, which historically precedes altcoin seasons. Additionally, staking yields remain attractive, and institutional demand via ETF flows could provide consistent support. If ETH breaks through $3.2K convincingly, it opens the door toward $3.6K and higher. On-chain data shows strong accumulation by mid-sized wallets, signaling confidence in upcoming catalysts. Long-term investors should consider dollar-cost averaging, while traders can wait for breakout confirmation.
0 reply
0 recast
0 reaction