Once we break past this point, there’s little to no resistance-we should all be expecting an all-time high. Altcoins are going to melt people’s faces off when we break past $4K. With rate cuts anticipated, don’t miss out on this move.
ETH is holding extremely strong right now in relation to BTC, while other altcoins are still seeking their lows for this cycle. With rate cuts expected in September, ETF flows, and growing institutional interest, I believe ETH will have a crazy rally.
Once we break past this resistance from the trendline dating back to the 2021 high and close above $4K, I think we’ll start to see ETH blow past Bitcoin-and altcoins will follow.
I still believe ETH will outperform others for now, but once we get those rate cuts, I feel the bleeding will stop-and by then, the ship will have sailed.
ETH is holding extremely strong right now in relation to BTC, while other altcoins are still seeking their lows for this cycle. With rate cuts expected in September, ETF flows, and growing institutional interest, I believe ETH will have a crazy rally.
Once we break past this resistance from the trendline dating back to the 2021 high and close above $4K, I think we’ll start to see ETH blow past Bitcoin-and altcoins will follow.
I still believe ETH will outperform others for now, but once we get those rate cuts, I feel the bleeding will stop-and by then, the ship will have sailed.
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