ETH SERIES | Part 1 – ETH/USDT (4H)

ETH is the biggest altcoin, and likely the driver of the next altcoin move.

For 40 days, ETH has been fighting the red resistance zone while the 200MA holds as support.
Even after dipping below, the Fed rate cuts pushed price back over it, but ETH still couldn’t break higher.

For now:
No longs while price is below the BB center + 50MA
Just watching to see if price retests the 200MA for support
No shorts either, patience mode.

Next stop → ETH/BTC to get more context.

Always take profits and manage risk.
Interaction is welcome.