$ETH.D — Is Ethereum Dominance Preparing for a Bullish Expansion? 🚀 Ethereum dominance has switched BULLISH on the weekly timeframe, with a potential double bottom (W-pattern),rising through a falling channel. This is an interesting development for the Ethereum ecosystem.
Key levels I'm watching: 11% — Critical support to defend. 13.30% — Major resistance. 17.46% — Potential bullish extension target. I'm optimistic about the Ethereum ecosystem as long as ETH.D holds above 11%.
A sustained recovery in ETH dominance could signal Ethereum reclaiming market share and renewed interest in its broader ecosystem. Will Ethereum outperform the wider crypto market? Time will tell...