This is a Wyckoff Accumulation mode (same as BTC) Phase A - Preliminary support is identified ! Selling Climax is done ! Automatic Rally is done ! But BIDs are absorbing The range is identified definitely ! Phase B - Kissed twice close to level, confirmed by Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below level. Phase B is done Phase C "Spring" is on the way.... let's see what price will be targeted !LOW Volume (JAN 21) is on process to be filled ! 839$ (IMO) is the price where Volume is more than poor ! We might get back to chis level ! ASKing price is OPTIMAL !ETHERIUM stay a Great project, no matter Scalability issue. Testnet on Bacon Chain done successfully ! Once POS will trigger (POW might be over), the way above 8k figure is certain !
