I'd say it is a great opportunity to buy Ethereum once again. (Long-term)
I have shown this Monthly head and shoulders already ones in November. I think many have missed this but it doesn't matter. We haven't! ;)
Now we have had a nice pullback against BTC and we are on this strong monthly support. I think soon we are ready to rumble. We still might go as low as 0.033 - 0.034 for last stretch if Btc goes crazy but I'm not so sure about that..
Eth has been sleeping for while. Getting some strenght, momentum and strong buyer behind it, while others has looked away for faster profits.
Nothing is certain in markets EVER but I can say that I believe we will be in 3k much sooner and faster than we think.
Ethereum IS still the second biggest cryptocurrency in the world and I don't think it will be thrown away from the throne anytime soon.
Take care Jebu
Not
The analysis which we made first time in 2020 November when Ethers price was $550 got hit to the Btc target. Awesome!!
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