The crypto market is currently experiencing a volatile phase, causing frustration among investors. Recent rug pulls by LIBRA and MELANIA have added to the community's anger and fear. However, seasoned analysts remain optimistic and believe in the possibility of a successful altseason. One analyst points out that altseasons typically begin with Ethereum (ETH) gaining attention, and ETH is currently reclaiming a trend line that has held for three years. This is seen as a highly bullish indicator, suggesting the formation of an ascending triangle and potentially leading to a significant increase in ETH prices. Another analyst predicts that the bottom for ETH has been reached and expects it to bounce back toward the range high, setting a new all-time high, starting at $7,000 and potentially reaching $10,000.
Content Editor ( cryptonewsland.com )
- 2025-02-18
Ethereum Ascending Triangle Ignites Bullish Pump Sentiment, Next ETH ATH in the Making
