BTC dominace lvl has gone down a little and, we start to see more trading volume flow into retail's favorite crypro exchange coinbase as its trading volume increased 50% recently.
Retail money is what makes the uptrend move sustainable!
VPVR looks bullish as the price pierced through VA and both long term and short-term POC with long term trend line acting a strong support below.
However, ETH is currently facing long term fib resistance (32.8) and previous support lvl .
Furthermore, many indicators indicate the overextended status ( bollinger & ichi) and oversold status hovering around 75-80 on both daily and weekly timeframe
In terms of magnitude, 8 straight weekly green candles is probably overheating. Next major resistance lvl is around 360. Buy on the dip within the buyzone if the price pullbacks.
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Target reached!. IF BTC can stay above 8.5k, then we may not see this lvl for a while