ETH bull

27 May

ETHUSD

Orange dotted - positive change in long term trending
Blue solid line - best case short term bull trend

Short Term Bull (60 day)

+ US Regulatory change of sentiment
+ ETH approved but not yet trading
+ Underpriced to other cryptos in last 90 day
+ 20% past climb on approval is relatively small

Mid Term neutral (60-180 day)

- Greyscale outflows
- Potential for large dip

Long Term Bull (180+)

+ ETF approval for other cryptos appears around 2-3 years off making BTC and ETH able to breakaway in market dominance.