Ethereum Drops 30% - Now What?
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Ethereum Reaches Bull Market Support Band: Pivoting to an All-Time High Thesis
Ethereum has tagged critical support, prompting a necessary shift in prediction. Discover the new base case for an ETH rally and the specific metric that invalidates this bullish outlook.
Short Summary
- Ethereum completed the expected 30% correction, hitting the Bull Market Support Band (BMSB).
- The primary base case shifts from correction to expecting a rally toward new All-Time Highs (ATHs).
- The outlook remains conditional on Bitcoin’s relative strength, specifically avoiding two consecutive weekly closes below the 50-week SMA. This analysis explains why the previous bearish correction is complete, details the rationale behind seeking new ETH ATHs, and outlines the critical Bitcoin metric that must hold to confirm this trajectory.
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Top Comments (10)
It has come to my realization that It’s not liquidity or MMs dictating market moves, it’s Ben
I left my funeral to watch this video
I'm starting to be convinced you are the market maker Ben. Tell me ETH is going up!!
I stopped my wedding to watch this video
Ben is the smartest youtuber in crypto,no shilling shitcoins,no hopium,just calls it like the charts say.you should have waaaay over 1 million subscribers
I made money on alts in the bear market and lost it in the bull market. Go figure
Guess Eth is going V shape recovery like Ben's hairline
Into The Cryptoverse Premium SALE: https://intothecryptoverse.com
Even when Ben says he will eventually be wrong, he is right. 🤯
The only crypto channel i will follow from now onwards. Good job @benjamin. Keep it up 👍
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Top Comments (10)
It has come to my realization that It’s not liquidity or MMs dictating market moves, it’s Ben
I left my funeral to watch this video
I'm starting to be convinced you are the market maker Ben. Tell me ETH is going up!!
I stopped my wedding to watch this video
Ben is the smartest youtuber in crypto,no shilling shitcoins,no hopium,just calls it like the charts say.you should have waaaay over 1 million subscribers
I made money on alts in the bear market and lost it in the bull market. Go figure
Guess Eth is going V shape recovery like Ben's hairline
Into The Cryptoverse Premium SALE: https://intothecryptoverse.com
Even when Ben says he will eventually be wrong, he is right. 🤯
The only crypto channel i will follow from now onwards. Good job @benjamin. Keep it up 👍