Alts are lagging a bit, especially ETH. For this trade to succeed, ETH first needs to break above the crucial resistance at $4,200, and it looks likely to me that it will.
Bitcoin just closed the daily candle above $113,000, which is the first confirmation of a short-term trend shift from bearish to bullish.
This makes it likely that BTC will continue higher towards $120,000, with ETH catching up soon after.
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$ETH
First trade of the new month!
Alts are lagging a bit, especially ETH. For this trade to succeed, ETH first needs to break above the crucial resistance at $4,200, and it looks likely to me that it will.
Bitcoin just closed the daily candle above $113,000, which is the first confirmation of a short-term trend shift from bearish to bullish.
This makes it likely that BTC will continue higher towards $120,000, with ETH catching up soon after.
Let’s go! 🚀