After today’s monthly closure, the picture is much clearer now! 🔸 Key Observation: Price was rejected again from the same Mid Range level as before. ✅ Only the wick went above — but no body closure, so it’s still seen as a rejection until we get a monthly close above $2750.
🚫 No Altseason Yet This is exactly why I’m staying very cautious on altcoins and not sharing any altcoin trade setups for now.
🌟 My Personal Take: I believe the ETH rally will likely start in late August or early September. That’s when I’ll begin gradually entering altcoins step by step.
🔔 Important Note: ⚠️ No need to panic! Opportunities are always out there — 365 days a year. Until we see a monthly close above $2750, I’m expecting a healthy downside correction first.
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🗓️ Monthly Closure Update 🗓️
After today’s monthly closure, the picture is much clearer now!
🔸 Key Observation:
Price was rejected again from the same Mid Range level as before.
✅ Only the wick went above — but no body closure, so it’s still seen as a rejection until we get a monthly close above $2750.
🚫 No Altseason Yet
This is exactly why I’m staying very cautious on altcoins and not sharing any altcoin trade setups for now.
🌟 My Personal Take:
I believe the ETH rally will likely start in late August or early September. That’s when I’ll begin gradually entering altcoins step by step.
🔔 Important Note:
⚠️ No need to panic!
Opportunities are always out there — 365 days a year.
Until we see a monthly close above $2750, I’m expecting a healthy downside correction first.
Let’s stay patient and prepared! 🚀💪✨
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