A lot of people across TradingView and X (Twitter) have been calling the bull market. In my opinion it's far too soon and investors should still be weary.
Here's why ETHUSD might have some more pain ahead:
On the technical side - We have a text book bearish wedge/pennant on the weekly chart pointing to more pain unless proven invalid
On the fundamental side, we're seeing continued regulation crackdowns and lawsuits as crypto tip-toes on a fine line between being labeled a security