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Xeggex
According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. Coins held by Ethereum investors are maturing to showcase a higher number of HODLers unwilling to sell.
Within the Ethereum ecosystem, just under 60% of investors have held for more than one year, compared with Bitcoin, which has 80% of...
If Eth cracks the $4.8k line and holds, expect significant gains over the next month.
DYOR.
(In my opinion, majority of coins will be going up over the next couple of months. However, I do expect a significant fall in Jan and a continued down trend over the next 12 months so please be aware of this)
ETH currently having a potential cup and handle on the weekly chart with resistance around 4013. So, if ETH could break 4013 and became a strong support on that area, the next target will be around 6000-6300 based on the cup and handle target and fibbonaci 1.618.
