ETHEREUM PRIMARY & QUARTERLY CYCLES
Early selling pressure at the start of the quarter, but a last week of July breakout above the cycle highs has seen the bull market return.
Personally I don't like using the term Bull and Bear, I prefer to use rotation and extension within TIME.
Short term likely to push up into the August level of 2,968 over the next 7-10 days.
with a target of $3,414 in September and a level of 6,600k on anything above $3414.
Any short-term weakness at the start of August and what was resistance at the start of July is now seen as Support $2,273
BITCOIN PRIMARY & QUARTERLY CYCLES
#Bitcoin same pattern in bitcoin and most other coins with a last week of the month reversal pattern. It didn't reach 44k on the last day of July, but it's still a target at the start of August,
I am also expecting a quick reversal down (August Yellow) that might happen after it hits 44k or even before.
August Yellow at $37,912 also matches the 2021 Yearly highs $37,780
Any reversal down and I would look for a move towards $51,500 over the next 7-10days.
Bitcoin's upper level $94,800