Ethereum Breaks Out of Trading Range
- A crypto strategist believes Ethereum (ETH) is now in an uptrend after a lengthy accumulation period.
- Pseudonymous analyst Inmortal observed a convincing breakout from a trading range, following several retests of the lower $2,000 level.
Correlation Between ETH Rivals
- The trader sees a price correlation between ETH-rivals Solana (SOL) and Avalanche (AVAX).
- Both tokens are expected to follow a potential SOL pump.
Bullish Sentiment for Beam (BEAM)
- The trader is also bullish on open-source gaming blockchain Beam (BEAM).
- BEAM is believed to be in an uptrend after bouncing off the bottom of a trading range.
Bitcoin Rally Prediction
- The trader predicts a massive Bitcoin (BTC) rally when retail traders enter the crypto market.
- Bitcoin’s current value is seen as a precursor to a larger surge when the masses participate.
Disclaimer: Opinions expressed are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets./p>