CRYPTOWZRD, in his latest update on X, highlighted Ethereum‘s indecisive close, suggesting the market is still searching for clear direction. Despite the uncertainty, he remains optimistic, noting that both Bitcoin and BTC dominance are showing strength that could benefit ETH in the near term, with $2,800 marked as the next major resistance.
Mixed Signals Across Ethereum Key Timeframes
In the post, CRYPTOWZRD pointed out a mixed close for Ethereum across key timeframes. While the monthly candle ended indecisively, signaling some short-term hesitation, the quarterly candle closed with strong bullish conviction. This, he suggests, sets the stage for more upward movement in the coming months as higher timeframes begin to assert dominance.
Trending: BREAKING: Democrat Lawmaker ARRESTED For Drunk Driving & Fleeing Scene of Accident
He emphasized that today’s daily candles for both ETH and ETHBTC closed similarly indecisive,
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!