A longtime channel resistance has been broken, and the breakout pattern looks like a cup and handle. Bitcoin should be bullish after today's dust settles, and while they have been less coupled in the past couple weeks than before, it should be a positive influence. As for myself, I see ETH as the more secure investment in a crypto market that should see a good upcoming month. It's been solid for the past 24 hours. These realizations should bring in the buyers over the next couple days, so I'm opening my long position now.
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it's also possible that the cup is smaller and more well-defined, beginning at around 16:00 UTC-7 on August 29th
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Update here:
