ETHUSDT Analysis by @planfomo

The speaker provides a technical analysis of ETHUSDT and BTCUSDT using weekly charts, identifying resistance levels and expected retracement to support. ETHUSDT is facing a rejection and a massive area of resistance. A breakdown of an ascending support is expected, retesting the ascending resistance level with the price then potentially reaching a target price of $1,679.00. BTCUSDT is facing strong resistance which may trigger a return to $80,000. Chainlink is showing a similar market structure of altcoins to Ethereum and Bitcoin.