Scanning Trend: - ETH lost momentum of hype for the first time on this ongoing downward trend as RSI Month drop in the normal zone , with all other competitors popped up >> Cardano, Solana, Near, Rose, etc. - ETH even became less of hype but still acting as growth pattern, however, ETH will be more robust and less really.
Trend Analysis: 1. Historically, ETH 1st wave drop out at 0.618 before goes up to second wave, so this dropping of second wave can be go further to 0.618 (2943)(Model B), before bounce back quickly. 2.1 If all others competitors performing well, ETH might go up to 1.618 (8229.48)(Model B2) of third wave. >> which is most likely to happen 2.2 If all others competitors performing poor, ETH might hype up to 2.618 (12209)(Model B3) of third wave. 3. But, if ETH gaining momentum quickly, ETH would go up from now on but it would shoot up as high as only 1.618 (8229.48)(Model A) 4. For ETH to form the third wave as analysis, BTC should 4.1 Lost all hype and ETH became the main coin of market 4.2 BTC get back on track and acting growth with bigger bubble.
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