
Daan Crypto Trades|Sep 16, 2025 14:34
ETH Did the hard part. It broke above its cycle high/range at 4.1K and held it as support.
The only level left now is that 2021 all time high which was shortly swept, but ETH wasn't able to go fully into price discovery mode (yet).
From here on out, it is very important to hold on to that 4K-4.1K level on the higher timeframes. Wicks below are fine, but the bulls wouldn't want to start seeing closes below that point.
Once ETH can trade and settle above ~5K, it should lead to further expansion.
Currently still in the choppy phase/part.(Daan Crypto Trades)
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