Im bullish on ETH long term because of the strong fundamentals and all the work that ConsenSys, Vitalik, ETH Developers and the comunity have done all this time. Beacon or ETH 2.0 is a game changer in crypto and also would be in the world. Some advance like ZkRollups, Layer 2, DeFi, Sablier, Baseline, etc..
On the technical aspect ETH have made a really strong upside move and is close to the first fibonacci extension for that reason one of my options is a pullback but 500-490 level was a strong resistance and now is a strong support. Based on what BTC did in the past weeks i belive that the launch of ETH 2.0 the 1 of December and the strong that ETH can have can go parabolic and reach the next fib extension you know that all is posible on the crypto markets.
On the technical aspect ETH have made a really strong upside move and is close to the first fibonacci extension for that reason one of my options is a pullback but 500-490 level was a strong resistance and now is a strong support. Based on what BTC did in the past weeks i belive that the launch of ETH 2.0 the 1 of December and the strong that ETH can have can go parabolic and reach the next fib extension you know that all is posible on the crypto markets.