Veteran trader says Ethereum set for a ‘moon shot’

Summary⚈ Ethereum is forming an ascending triangle with strong trendline support, signaling a potential breakout above $2,150.⚈ The recent rally pushed ETH past $2,400 after a 10-week bear market, driven by the Pectra upgrade and $400M in short liquidations.⚈ However, overbought RSI levels and continued ETF outflows suggest caution despite recent gains. With Ethereum (ETH) stunning the cryptocurrency markets with weekly gains of over 30%, veteran trader Peter Brandt has highlighted that the asset could be setting up for another upward price move source: https://finbold.com/veteran-trader-says-ethereum-set-for-a-moon-shot/