Jimmyboss

Ethereum January and Q1 Analysis

Ethereum has formed a cup and handle pattern on the monthly chart, and a breakout could happen at any moment. The first target is $6,510, and I expect this to occur in January. By the end of March, I foresee #Ethereum trading above $10K.

On the daily chart, the cup and handle pattern is also active, and a breakout seems likely within the next two weeks. Everything looks positive, and I anticipate a very strong Q1 for altcoins. I expect institutional buying driven by #EthereumETF 's to significantly increase $ETH demand, which is already happening – recent ETF inflows confirm this.

I'm confident that once Ethereum clears the way, the Solana $SOL , Kaspa $KAS , Avax $AVAX ecosystems will experience strong rallies. For now, it's time to patiently wait and enjoy the moment.

#Altcoin Season#