ETH looks promising for the next upside move. While $BTC and many alts perform exceptionally well, we've been overlooking the most underrated blue chip in this rally, $ETH.
If $BTC sustains at this daily level and the market doesn't chop during the holiday season, an upside move can be expected soon. However, the best buying zone will be in the $1800-$2050 region. To be on the safer side, buy 25% of your bag here and use a Dollar-Cost Averaging (DCA) strategy for the remaining 75%.
Onchain data indicates that large wallets are gradually accumulating $ETH while others focus on their alts. I'm adding more to my bag, with a short-term target of $2600-$2700 and a midterm target of $3300-$3700.
Of course, I'm not touching my long-term bags. Keep an eye on $ETH; a rally can be expected soon.
