Technical analysis by minno91 about Symbol ETH: Buy recommendation (7/22/2024)

Big news is on the horizon! The ETH ETF starts trading tomorrow, and this week could be monumental for crypto. Let’s dive into why ETH might be headed for a new all-time high.Market Catalyst•ETH ETF Launch: The launch of an ETH ETF is a major event, bringing fresh attention and potential inflows to Ethereum.Bullish Indicators•Market Sentiment: The anticipation around the ETF has already stirred excitement in the market.•Historical Context: Similar to BTC ETFs in the past, major asset launches often lead to price surges.StrategyGiven the hype and potential inflows, I’m betting on ETHUSDT making a significant move upwards.Risk-RewardWith a solid 3.28:1 RR, this trade offers a compelling opportunity to capitalize on the momentum.Action PlanLong on ETHUSDT, targeting a new ATH as the market absorbs the ETF news. The excitement is palpable, and this could be the catalyst ETH needs to break through.Let’s see if this ETF launch propels ETH to new heights! 🚀💥Good luck, everyone!#minno #ETHUSDT #CryptoTrading #ETFLaunch #NewATH #MarketAnalysis #Bullish #CryptoNews #StayTuned