ETH DOMINANCE REACHING MAJOR RESISTANCE. FORMING CUP & HANDLE

10. Mai 2021

ETH.D is the new BTC.D. Eth is becoming the network of future finance and there is nothing you can do about it. The recent ETH rally has been quite crazy reaching $4100 as I speak now. I believe it's time for a healthy retracement, which also means ALTS will have a huge pump especially DeFi tokens. If the cup & handle doesn't form and rally to upside continues then the next resistance should be looked for. The yellow box region will be a good opportunity to buy fundamentally strong ALTS as rally until ETH.D hits 15% mark. I strongly believe after that, ETH.D will never reach levels of 15%. Just wait till Big Financial Institutions starts building on ETH and layer2 networks such as POLYGON(previously MATIC). Overall, ETH at $10000 is programmed, only a matter of when.