ETHUSD

Currently breaking out. ETH back over the AVWAP along with BTC back over 20k. No daily close on these levels yet, but the price action looks strong. Going into the ETH merge I think it will pick up some momentum in the next week before retracing as the macro environment is awful. Daily RSI has room to push up to the mid 70s on ETH before going back down or breaking out even further if momentum picks up. Weekly RSI not breaking out of downtrend yet and BTC is way more bearish. I am led to believe that things will roll back over. If RSI breaks out on weekly and gets over the 50, I am inclined to believe ETH will push higher. Daily MACD also re crossed bullish, but weekly is still in the negative territory still.