davidrainone47

When in doubt, zoom out...

COINBASE:ETHUSD   Ethereum
Ethereum is still in an up trend. We are still WAY above the channel we made back in early 2021. I wouldn't surprise if we re test the top of that channel, confirm it as support, and then use that as a launch pad. Everyone seriously needs to calm down....... 30-35% drops are completely normal, and they do not mark the end of the bull market. Bitcoin dropped 35% and that's totally healthy. It happens in a bull market every now and then. I'd be a bit concerned if Bitcoin had a blow off top and then dropped 50% in a day, but until that day comes, my bullish bias remains strongly intact.
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