$ETH #etherreum

$ETH - HTF view

Ethereum has been ranging between $2,000 and $2,800 for two months. It appears to be an accumulation range. However, as mentioned in recent days, it is likely that we will see one final shakeout before an expansion, to $1,800-2,000 (the spring phase of the accumulation schematic).

If that potential shakeout occurs, altcoins should dump 20-40%. A ''capitulation candle'' similar to the Covid crash. Don't get scared if that happens. It would probably be one of the best buying opportunities in months.