$ETH Bullish Rectangle - $13,000 EQ
Interesting fractal here overlaying BTC at 25k onto the ETH rectangle.
While we've been talking about 13k as a possible extension target this cycle, we have now seen an equilibrium between the bear market 1.618 extension, and the local 4.236.
Of course the fractal is just a little speculation, it does help illustrate the potential, and seems to align with some of the critical zones within the fib sequence here.
Id imagine this would be result of the ETF being approved, and should come alongside a new "alt season", which is also supported by some other metrics ive been going over.
While we've been talking about 13k as a possible extension target this cycle, we have now seen an equilibrium between the bear market 1.618 extension, and the local 4.236.
Of course the fractal is just a little speculation, it does help illustrate the potential, and seems to align with some of the critical zones within the fib sequence here.
Id imagine this would be result of the ETF being approved, and should come alongside a new "alt season", which is also supported by some other metrics ive been going over.
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