Still holding the view from before the weekend: $ETH looks to be wrapping up wave 1 of 5 higher. Most likely we consolidate around $2,450–$2,650 before another leg up, as long as the converging 50- and 200-week MAs near $2,470–$2,515 hold.
Key levels:
Above $2,700 weekly close strengthens the breakout and opens the door to roughly $3,000, then $3,200–$3,300.
Holding $2,450–$2,500 keeps the short-term structure constructive.
Below $2,450 and the recent surge starts looking like a false breako...
🚨 CRYPTO DEFIES THE CRASH!
🔥 $BTC rebounds 7%, back above $80K!
🔥 $ETH surges 10%, reclaims $2,550!
🚀 ALTs jump 17%, market cap tops $225B!
💰 Total crypto market cap adds $200B!
All while the Fed hiked rates, CLARITY failed, and oil stayed high!
🎯 NEXT BIG LEVELS: BTC: Weekly close above $78,760 → $83K breakout ETH: Hold $2,600
Strong bounce confirmed. Bull market? Not yet! 👀