The Ultimate Guide to Ethereum: Latest Updates and Expert Insights

I am increasingly drawn to Ethereum over Bitcoin, mainly due to Ethereum's price performance. The current price action is breaking a significant lower-high on the weekly chart, coinciding with the key lower-high on the monthly chart. A bullish close above these levels by the end of the week could signal a bullish turn. Typically, price would encounter a previous key level before a retracement phase; my outlook is for a bull run towards the ATH and $5000 price level, followed by a correction to around $2400, my area of interest (AOI). As a spectator, I am monitoring for bearish market entry to drive prices down. If bullish momentum persists, I will adjust my strategy accordingly. My market sentiment: - Monthly: 🐻 - Weekly: 🐻 (Turns 🐂 if today's candle closes above key LH) - Daily: 🐂 - H4: 🐂

Weekly candle closed above the key LH. I'll now wait to see a HL broken on the H4, which will then indicate that the retracement phase has most likely begun.

ETH's price continues to trend downwards daily.