I am not taking any credit for this chart as I saw it on Twitter. However its something I will share as it gives some weight from a MACRO perspective.
With the top chart, we have a weekly chart of ETH paired with BTC and at the bottom, we have GOLD price on the 2 weekly chart. The fractal aligns well so far.
Let's see how this aligns in the coming weeks and months. Note the fib levels assigned to the price action.
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