// Ethereum outlook 1. Market outlook 2. Scale in levels 3. My targets ⚠️WARNING: Bullish Propaganda. (1/7) 👇

1. Market outlook The setup from a couple weeks ago was a clear range low reclaim, plus a cycle setup where price printed the first macro higher high in stage 4, formed a mini-cycle back into the range low, where we expected a higher low and continuation into macro stage 5. Seen this setup over and over: recently with SUI in 2024, and in the previous cycle with Bitcoin during the COVID dump into and below the range lows. Interestingly, we saw it again this time with the tariffs FUD.

/ Disclaimer before we continue: I'm in since the Daily close back above the range lows around $2000.

/ From a range perspective, we can target the range highs / From a cycle perspective, we can target parabolic price action into new highs.

/ Bitcoin dominance vs Ethereum (historical timing) We can see here, based on past cycle data, that when Bitcoin dominance initially breaks down, there's still a lot of room for Ethereum to continue. IF (!) this is the true Bitcoin dominance breakdown, we are still starting up with Ethereum.

/ ETHBTC From a range and cycle view, we're still in the bottom-forming part, and there is no macro uptrend yet, just sideways until range lows are reclaimed. This tells us: > Most of the pump happened within bottom-range action, so a lot of room. > More ranging is likely before a reclaim, as it's in the nature of this cycle part (no certainty here) > Clean trigger of the range low reclaim Marked key levels above which u could use to scale out, as I'm not sure if it’ll ever complete a full range low reclaim toward the highs again, but who knows.

To conclude this overview: > Do think there's still room left as per almost all charts I track > Do think it's very likely Ethereum will enter price discovery at some point this cycle > Even though I already entered the range lows, I'm still interested in dips. Now we're gonna take a look at potential scale-in points, but keep in mind, most of my position was taken lower. Risk/reward here is very different from range low buys.

2. Scale in levels / ETHBTC If we range more here, and you are sitting on a Bitcoin stack, the mid-range and range low would be the levels I'm looking at, especially after we sweep them. / ETHUSD > again, not predicting things > just to be ready if they happen > always playing spot and always scaling in slowly Looking at these 3 key levels in case we are seeing a dip and waiting for a sweep + reclaim and some lower time frame market structure shift/trendline break.

3. My targets Just like I scale in, I think it's important to not have set targets but rather multiple scale-out triggers to slowly exit a position, either time-based if certain conditions are met, or partially at certain points. I'll list a few of the points I'm looking at. Remember, I do it extremely slowly, over time. Often it already starts when I think we're going higher. Just to secure some and get used to the sell button. 1. The range. (low targets/low scale out, if any) > Range high and initial price discovery > Extend the range If in the last cycle you used the last cycle's range high as a new 0.25 point (first quarter), and extended the range into price discovery, the new range high would have been the perfect new range high and cycle top. > On the example, I used the last cycle's range high as new mid-point for conservative targets, but you can also use it as 0.25 point for higher targets > Play around with this and use the upper part of the new range as more and new partial sell zones. 2. Cycle. > initial macro parabolic leg into price discovery > you can use this on ETHUSD itself 3. Bitcoin dominance You can use the vertical downside of Bitcoin dominance towards the lows as an extra indicator to slowly scale out more.

4. ETHBTC > Mark multiple ETHBTC points as partial scale-out points. I hate precise single targets. I would much rather very slowly (initially) scale out based on multiple charts. Think about what charts and what weight you will put on it initially, make a plan, and just do what u planned.

Appreciate you reading, fam, thanks! If you enjoyed it, feel free to share. Amsterdam.🫡

@KryptoChris82 Appreciate the kind words bro Got quite a few posts where I cover certain ideas around how I scale out This is the most recent one