ALERT ETHUSD
A budget cannon may be entering this week in ETH; its price has maintained a range and is trending upwards in higher timeframes like the weekly. The liquidity absorption is evident to regain strength and continue towards historical highs above 4500; its price could even approach 5 thousand dollars as part of the strengthening of the sector and the appetite of institutions to capitalize on crypto assets. This is a sign that gold and bonds are not the only refuge that large capitals are seeking; this blockchain network, like BTC, is also ancient and stable despite the volatility of its price in a wide channel. Therefore, buying ETH today is a good alternative for diversification and accumulation.
ETH could even hover around 5718 due to upward momentum and strong patterns in the weekly and monthly charts.
This is not an investment recommendation.
