Ethereum closing this daily candle above $2,600 for the very first time in 8-months is a MAJOR gamechanger for the whole market .
This clean breakout tells us that sellers are out of gas & we’re back to buyer-control…
With Bitcoin consolidating close to $81K, there’s no doubt that Smart Money is officially switching gears & pouring directly into Ethereum.
This ETH breakout is spewing fresh liquidity all throughout the whole market, which is rekindling confidence in altcoins.
The cascading short liquidations are propelling this move upwards, and these levels have turned from resistance into solid support.
With that being said, we’re expecting Layer-1s, Layer-2s & top altcoins to grab a ton of momentum during “altcoin season”.
Ethereum’s current position shows that if the coin remains above $2,550, then even small corrections are worth taking advantage of!
Have you got yourself fully set up to take maximum benefits from this altcoin rally? Or do you want to wait out for some pullbacks first?
#Ethereum
#ETH
#Altcoins
#AltcoinSeason
#CryptoNews
This clean breakout tells us that sellers are out of gas & we’re back to buyer-control…
With Bitcoin consolidating close to $81K, there’s no doubt that Smart Money is officially switching gears & pouring directly into Ethereum.
This ETH breakout is spewing fresh liquidity all throughout the whole market, which is rekindling confidence in altcoins.
The cascading short liquidations are propelling this move upwards, and these levels have turned from resistance into solid support.
With that being said, we’re expecting Layer-1s, Layer-2s & top altcoins to grab a ton of momentum during “altcoin season”.
Ethereum’s current position shows that if the coin remains above $2,550, then even small corrections are worth taking advantage of!
Have you got yourself fully set up to take maximum benefits from this altcoin rally? Or do you want to wait out for some pullbacks first?
#Ethereum
#ETH
#Altcoins
#AltcoinSeason
#CryptoNews
