$ETH just printed a vertical reclaim after the flush. Fast rejection of the downside, momentum snapping back, and buyers clearly in control. This is what a shakeout followed by expansion looks like. If this holds, ETH is setting up to lead the next leg higher.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH just printed a vertical reclaim after the flush. Fast rejection of the downside, momentum snapping back, and buyers clearly in control. This is what a shakeout followed by expansion looks like. If this holds, ETH is setting up to lead the next leg higher.