EyeOfTheTokenStorm
Regarding the future outlook of ETH, let me share what I see from a larger timeframe.
Looking at the monthly and weekly charts, Ethereum's structure is actually quite clear—a fairly standard head and shoulders bottom pattern is gradually playing out. The left shoulder is roughly around 2100, then the head was formed, and now it's in the phase of testing the right shoulder. The key point is that the right shoulder has never broken below the low of the left shoulder, which itself sends a very strong signal. As long as there is an effective breakout of the neckline later on, the head and shoulder
View OriginalLooking at the monthly and weekly charts, Ethereum's structure is actually quite clear—a fairly standard head and shoulders bottom pattern is gradually playing out. The left shoulder is roughly around 2100, then the head was formed, and now it's in the phase of testing the right shoulder. The key point is that the right shoulder has never broken below the low of the left shoulder, which itself sends a very strong signal. As long as there is an effective breakout of the neckline later on, the head and shoulder