ETH HODLers be like:

Are we dropping to $15 next (because of insanely high gas fees and people selling their ETH to HODL Bitcoin instead) or do we go W-bottom and up like Bitcoin?

Let's just say I am cautiously optimistic, but totally aware of the risk of a 95% downmove. The ABC pattern cannot be discarded at this point.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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