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$ETH went lower to find buyers as expected. Now that we're at $3k, I expect resistance because 1) it's a previous resistance, and 2) it's a psychological resistance. BTC.D continues to rise. Once the Feds change their policy and $BTC nears its cycle top near $150K, ETH will find new all-time highs.

$ETH is making the move I was calling out yesterday. We need to go lower and find enough buyers to swing the momentum hard to the upside. We're likely going to overshoot the CoG here. Buckle up.

$ETH is showing us a phenomenon called "Barbed Wire". It's when you get several doji candles in a row, wicks on both sides of the small body. It means the market is indecisive; it's where most traders lose money. There are reasonable ways to trade this; ideally, you should be long biased on this timeframe, given the large bull body to the left signaling a bullish market. On the shorter timeframes, 15m, 1hr, one should still long biased, and should be selling a portion of your position when the top of the range is hit. Then wait for an entry at the bottom of the range (near where we are now). This is an area to practice caution.

This is a bullish chart. Despite what you'll see many say on social media, Bitcoin has not been bearish since 2022. This will be the third leg up. I would not expect the bull run to continue after $150k, which is the Lifetime Resistance. Anything beyond that is a bonus.

$ETH is hanging out at the Center of Gravity. The CoG pulls on Ethereum's price at $2,300, and so far, it hasn't escaped. I think we need to go a bit lower to find buyers, build momentum, then have the CoG pull and swing us upward.

With inflation rates lower than expected, $ETH and #Crypto should get a boost. Lower inflation rates mean a higher chance of rate cuts, which are better for risk assets like Crypto. $3,000 Ethereum might be on the horizon.

And there it is! $DXY has now just about touched 102.000, and I don't think it's done yet. 104.000 at the 30EMA is just below the mean, I think we're going back to the Center of Gravity here.

As previously noted, here comes $DXY toward 101.500 - 102.500. I think we should be referencing this chart when evaluating $BTC's remaining potential upside. This means Bitcoin potentially has a little more runway before topping out. I think $BTC targets $106K, $ETH $2,250.

I have CLOSED my $ETH trade! 1) The first target of $1,995 has just about been reached at a minor resistance, just shy of the psychological resistance of $2,000. 2) A highly volatile candle in a short period of time usually has a harsh pullback. 3) We broke out of the bullish channel to hit that resistance, very likely we will pause here or even pull back hard. 4) $BTC has tagged $100,000, which is a *major* resistance point, ETH would likely follow in direction. 5) BTC Dominance is still marching upward, no reason to assume ETH will get a bigger slice of capital. 6) The Daily RSI is near overbought, close enough given the conditions above to allow me to take my money and run. 7) The Fed didn't make any changes; QT continues, no rate cuts, no reason to believe alts will get a further boost. If ETH didn't break out as quick, the Fed cut rates or announced a change in monetary policy toward the end of QT, BTC Dominance would have been more likely to fall, giving me more confidence in ETH's ability to boost further. Given my top reasons above, I'll take my 15.51% profit on the position and be a happy camper. This was intended to be a Daily scalp trade, and I'm sticking to that plan. I'll be posting my next potential trade entry as soon as the opportunity presents itself. Thank you for following!

$ETH is releasing Pectra tomorrow, probably the most significant update to the network since 2022. The Fed Interest Rate Decision is also tomorrow, likely will not see any change. I'm cautiously optimistic we'll see a bullish response. Possibly a quick dip before a rip.

$ETH is still in the Contentious Zone between $1,765 and $1,840. That range is important, but look at the chart below; it's the EMA ribbons holding up the price. Best part? EMAs draw themselves and show us the areas of interest. My long stays in play if we keep closing above.

When I said $ETH would pause here for a week or two, I was actually hoping we could skip that step and go right to $2k. Beggars can't be choosers, I suppose.