#ETHUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $2800.00 will hold and set the stage for a bullish reversal that could reach the channel's upper resistance.
if #Price fails to maintain the $2800.00 support and breaks below, this could signal an extended downward trend. The subsequent critical demand zone at $2000 is vital to watch, known for its strong liquidity and history of catalyzing significant upward movements.

#ETHUSDT has been trading bearish overall inside the descending wedge, which is marked in red and green.
Currently, it is approaching the lower border of the wedge.
Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.
As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and t

Historically, Ethereum is always bullish in the first quarter of the year after halving. This aligns with the U.S Election as well
All of the last ETH cycles have had altseason in the post-halving year. Last two altseasons occurred in the post-halving years of 2017 and 2021
provided by a particular source

$SHIDO ranged for two months before going parabolic with a run of almost 400% in only three days, and 600% from the lows of December 24th.
$MLT has a similar chart and has been ranging for five months. I think it's breaking out very soon, similarly to SHIDO.