I will briefly explain why I think so... I study wave analysis of charts and usually triangles are formed in the last phase before a bear market (global) on ethereum, this is exactly the figure, add to this that I expect an alt season and a flow of dominance below the 40% minimum. If you look at the BTC/eth chart, there will also be this triangle, which gives me an idea of possible movements
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.