$ETH
Added 2024-01-12 15:35:00 +0000 UTC$ETH nothing but textbook here from $ETH.
Bullish channel till November, followed by a breakout, then into a flag in Dec and continued to consolidate, there was nothing bearish about this set up either and it broke out when it got the catalyst.
We have said that $ETH has been lagging $BTC and that is why we bought
So as $BTC pulled back yesterday, $ETH extended and went higher to narrow the performance between the two.
I believe many $BTC holders sold when the ETF's got approved and simply bought $ETH instead, $BTC was also very closer to its 1.618 Fib Wave 3 level too.
On the chart now, slight pull back to the 0.236 Fib yest and found support and has bounced to a higher high again today.
The 1.618 Fib is at $2933 so this is where I am watching for $ETH to run too, a rejection here and I will consider selling to buy again lower.
Rinse and repeat.
