ETHUSDT Analysis by @CryptoGooss

The analysis begins by noting a recent downturn in the crypto market, emphasizing that there is no need to panic. The primary focus is on Bitcoin (BTCUSD), currently trading around $107,704.50, which the analyst believes is fluctuating within a range. Key resistance level is $110,000. An important level of $106,000 should be watched. It is expected to rise to a target price of $135,836.90. ETHUSD is also in focus, currently at $2748.49. Technical chart pattern is a symmetrical triangle, which can be broken upwards after a retest. Conservatively, ETH is expect to reach $4000. News is also analyzed, BlackRock recently purchased $163.6 million in Ethereum, in addition to analysis of stablecoin inflow into the ETH ecosystem. The Genius Act is noted, which can help stablecoins and ETH move higher. ETH has the potential for outperformance against BTC. BTC is losing strength. An important 4-yearly trendline for ETH is coming and this can confirm further upside.