Ethereum: Dubious Speculation

Market Analysis & Predictions - Ethereum is expected to reach new all-time highs within a few months [4][5] - A correction after sweeping the all-time high was always the most likely outcome [8] - Ethereum often peaks after Bitcoin in market cycles [10] - Altcoins are expected to rally against Ethereum until Ethereum tags the 21-week EMA, potentially in late September or early October [17][18][19] - Ethereum's rally to $5,000-$7,000 is contingent on checking in with the 21-week EMA [31] - ETH/Bitcoin valuation is likely to go to 005%, potentially after tagging its 21-week EMA against Bitcoin [34] Risk Management & Indicators - Two weekly closes below the 50-week SMA for Bitcoin (currently around $98,000) would signal the cycle's end [14][15] - October tends to be a strong month for Bitcoin dominance, with ETH/Bitcoin pair typically decreasing by 10% on average [36] - Ethereum is currently in a consolidation phase, similar to patterns observed in 2017 and 2021 [38][39] Investment Strategy - Buying Ethereum when it dips and selling gradually as it rises is considered a successful strategy [2][3] - The most likely outcome is that Ethereum will continue to bide its time, lulling the altcoin market into a false sense of security [30] - Waiting for Ethereum to tag its bull market support band is a likely indicator for when altcoins will start bleeding to Ethereum again [27]