Despite the recent pullback following the FOMC meeting, Ethereum is still trading above a key daily level that previously acted as resistance ($3,865). As long as we don't see a daily close below this zone, the market structure remains intact, and my bias stays bullish.
Support holding here could set the stage for another leg up and potentially reignite altseason, going below will cause me to shy away from the idea of an altseason in the short future.
For now, I’m watching daily close closely and staying patient
Support holding here could set the stage for another leg up and potentially reignite altseason, going below will cause me to shy away from the idea of an altseason in the short future.
For now, I’m watching daily close closely and staying patient
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