ETH - 2018 Bear Market Rallys

13 באוג׳ 2022

I found the 2018 bear market to look quite similar to what we are seeing currently in the ETH chart. Now I know price has been extremely bullish recently, but it's quite amazing that we had almost the exact same percentage rally in the current day as we did when ETH went through its final capitulation to reach bear market bottom. We had three significant bear market rallys in 2018 from wick lows and current day it looks like we are seeing something similar. Each Rally I have marked with (R1,R2,R3) and their subsequent pumps or "bear market rallys" before the next large swing to the downside. I will post our current day chart next.