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I can’t unsee this on the $ETH macro.
Monthly highs have been taken…
but the range lows haven’t.
And the current structure doesn’t look anywhere close to a macro bottom.
Do I think ETH will massively outperform BTC when crypto turns bullish again?
Yes.
But for now, nothing on the HTF suggests ETH has bottomed.
I’d rather wait for price to develop and show its hand and buy a bit higher
or simply play the range extremes and stay safe.
#ETH #ETHUSDT