Based on the charting I have been personally following crypto and investing since 2017.
Haved managed to go through a full cycle and see the highs and the lows.
After seeing both bear markets,
The major thing that sticks out to me here is the Outlined Pandemic which of course correlates with the rally.
Noting specific Months:
December each year,
July 15 in Australia today is the 15th so using today as a reference point.
Taking into consideration the consensus and talk that im hearing is alot regarding etherum accumulation in large quantities and wallet holders increasing.
Consistent developments within the Defi space , Fork involved etc.
We must consider possibilities of where our final stand for the bulls lay on the chart.
I believe we may see ourselves come back down to 1380 - 1400ish mark as a likely possiblity to consider.
At this point we will see if it holds with bigger accumulation overall or fear and sell off.
As usual evrything is dependant here on the reaction of the market in regards to larger wallet holders and institution influence or lack of .
Overall im bullish of course but preparing for a better buy in at a dollar cost average is always a great thing if you're looking to play 3/4+ years and longer.
As usual team DYOR not financial advice.
Haved managed to go through a full cycle and see the highs and the lows.
After seeing both bear markets,
The major thing that sticks out to me here is the Outlined Pandemic which of course correlates with the rally.
Noting specific Months:
December each year,
July 15 in Australia today is the 15th so using today as a reference point.
Taking into consideration the consensus and talk that im hearing is alot regarding etherum accumulation in large quantities and wallet holders increasing.
Consistent developments within the Defi space , Fork involved etc.
We must consider possibilities of where our final stand for the bulls lay on the chart.
I believe we may see ourselves come back down to 1380 - 1400ish mark as a likely possiblity to consider.
At this point we will see if it holds with bigger accumulation overall or fear and sell off.
As usual evrything is dependant here on the reaction of the market in regards to larger wallet holders and institution influence or lack of .
Overall im bullish of course but preparing for a better buy in at a dollar cost average is always a great thing if you're looking to play 3/4+ years and longer.
As usual team DYOR not financial advice.