#Ethereum main chart update Ethereum has been showing quite a lot of strength since its June bottom, breaking above the yellow downtrend and already printing a Higher High, something Bitcoin has still not done. It is also currently trading above both the 200w and 50w SMAs, although I would still want to see several closes above them. For the bear camp expecting ETH to revisit 3 digits, that would now require a ~60% drop from $2600. A black swan could always produce that kind of move, but statistically I cannot build a base case around that. Also worth remembering all the charts I shared over the past few months from accounts that were pointing to a higher probability of a bullish outcome for Ethereum, especially when sentiment was much more bearish: @CredibleCrypto @karlbooklover @uci0o12 @TraderJBx @GeoMetric_9 @cantonmeow @Bobby_1111888 @lourenco_vs @Jesucrypto11 @Osemka8 @__LiqHunter__ @quantdata21 @JamesEastonUK @Sykodelic_ @decodejar @Cryptollica @AssetsNorris And I’m probably forgetting a few. For reference, you can find some of the charts I collected/shared in the comments of the quoted post below.