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ETHUSDT
Entry 4,456.7600 2025-08-31 14:07 UTC
Target 6,332.0000
Fail 4,000.0000
Risk / Reward 1 : 4
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ETHUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analyst discusses Bitcoin's seasonality, anticipating a potential September correction before a Q4 rally, noting discrepancies from past post-halving years with recent negative August returns. A CME gap up to $117,000 remains unfilled. The price is retesting key support on the weekly chart. This is in tandem with bullish patterns emerging, including a falling wedge formation. The analyst also finds that shorter downtrends seem to occur with each consecutive ghost month period.. The Ethereum bullish case is imminent, with the conservative target remaining at approximately $4800 in an uptrend towards a $6300 bull case.
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