ETH bull
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.
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