$ETH is around $2,487 and the chart is getting interesting.
The $1,800–$1,500 zone could be important if another correction comes.
But a breakout from the descending structure could change everything.
NVDA earnings are coming up on August 26.
Revenue and EPS will be watched closely, but gross margin is the number I’m paying the most attention to.
If NVDA can stay above 74%, it would show that strong AI demand is still translating into solid profitability.
This could be an interesting earnings reaction to watch.
Watching closely. #ETH #Ethereum
The $1,800–$1,500 zone could be important if another correction comes.
But a breakout from the descending structure could change everything.
NVDA earnings are coming up on August 26.
Revenue and EPS will be watched closely, but gross margin is the number I’m paying the most attention to.
If NVDA can stay above 74%, it would show that strong AI demand is still translating into solid profitability.
This could be an interesting earnings reaction to watch.
Watching closely. #ETH #Ethereum
