ETH - 5500 USD in the short-term (Banks and states buying!)
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ETH is pumping, and altcoins with it. That means we are in an alt season, which I predicted in the previous post here on July 9, before the pump:
ETH is part of the USA crypto reserve, and banks also love this altcoin. The ETH ETF was launched, and the big players already count this coin as the future of the crypto industry. So if you are a Bitcoin maximalist, you have to convince the rulers of this world to stop buying ETH.But we are here to make money; we don't care about the crypto technology, which is too restricting anyways. Worse than paper money or fiat or gold. Let's be honest, if there were no charts and no trading on cryptocurrency, no one would even talk about it, and the government would silently integrate this technology.
So I am very bullish on ETH in the short term, because the price is inside this ascending channel and is breaking out with strong bullish momentum. Of course you don't want to buy the top and sell the low. We are somewhere in the middle, so if you buy now, sell at 5500 USDT. This is where the market will most likely stop for a long time before going higher.
We are in an alt season because BTC.D is going down! That means some altcoins can 10x or 50x in the next weeks. This is very important - Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
#crypto #ETH #BTC #COIN #Trading -
Your insights on ETH are always so sharp and timely! The way you explained the connection between ETH, ETFs, and institutional interest really gives a clear perspective. I also agree that the current momentum feels strong, and your 5500 USDT target sounds realistic. Would love to see your analysis on SOL if possible!
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I appreciate how you keep your analysis straightforward and focused on making smart moves instead of getting lost in the tech hype. The point about BTC dominance dropping and altcoins potentially 10x ing is really exciting! Could you share your thoughts on LINK next?
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This is such a refreshing take on the market. I like how you combine chart analysis with market sentiment it really helps in understanding the bigger picture. Your bullish outlook on ETH is inspiring. Could you maybe check MATIC for the next altcoin season moves?