$ETH has broken out and started a strong rally, setting sights on the $5,000 level. It's approaching a critical point as it's about to break through its golden Fibonacci ratio, adding even more momentum to the uptrend. This breakout from a prolonged range, highlighted by a powerful bullish candle, indicates robust upward movement, cutting through prior resistance with ease. The 1.618 Fibonacci level aligns with our target, further confirming a potential push higher. After a period of correction, this breakout could be the trigger for ETH’s next rally. Now may be an ideal moment to open long positions with a $5,000 target, as ETH looks primed to continue upward. Time to hold on and ride the wave!
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BTC dominance appears to have peaked and is now attempting a sharp decline. The last time this happened, the entire market experienced a strong upward trend.
USDT.D has broken down below its Golden Fibonacci ratios at 0.65 and 0.618. This could be a great time to buckle up and hold as we prepare for a potential surge ahead!
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