Led by BTC, Ethereum appears to follow a 456/7 day cycle. This aspect is a further confirmation of the further descent that awaits us.
It could be completed in early September when everyone returns from vacation and the cycle ends. Until then, the price could reach the price range that goes from 1000 $ to 750 $ but also reaches 500 $ considering that, although there is very strong support, the first cluster of indecision is at 500 $.
As always, despite I follow my opinions, you're not forced to follow them. So do your trade, think with your mind, and don't take this too seriously but please let me know what you think :)
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