The $ETH.D chart has followed the 2021 $BTC.D fractal almost perfectly.
This is a roadmap that I've been highlighting here since January/February across multiple threads.
At the time, all of the comments on my posts were "$ETH as an asset is dead." or "$ETH isn't investable."
Here we are months later, everyone has been peak bullish on $ETH, and the chart is beginning to reach another inflection point.
If we continue to follow the 2021 $BTC.D roadmap, then it's likely that $ETH.D is approaching a local top. If it plays out similarly, we will likely consolidate for multiple years before continuation sometime around 2027.
Keep in mind, $ETH.D topping isn't necessarily bearish for price action. It only means that $ETH wouldn't continue to outperform other majors.
The $ETH revenge cycle could take a bit longer to play out than most people are expecting..
Hope this helps!
This is a roadmap that I've been highlighting here since January/February across multiple threads.
At the time, all of the comments on my posts were "$ETH as an asset is dead." or "$ETH isn't investable."
Here we are months later, everyone has been peak bullish on $ETH, and the chart is beginning to reach another inflection point.
If we continue to follow the 2021 $BTC.D roadmap, then it's likely that $ETH.D is approaching a local top. If it plays out similarly, we will likely consolidate for multiple years before continuation sometime around 2027.
Keep in mind, $ETH.D topping isn't necessarily bearish for price action. It only means that $ETH wouldn't continue to outperform other majors.
The $ETH revenge cycle could take a bit longer to play out than most people are expecting..
Hope this helps!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
