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$ETH showing some strength of its own by breaking free of this channel, while also breaking through the 50DMA and the track line resistance all at the same time. Partial release of pressure on this shaded squeeze and even the Phantom is attempting to flip back to bullish (just barely poking its head out above).
The real story here though? The Weekly. I've zoomed in to show just how close it is right now. ETH needs to close the week above ~$3,075 in order to confirm this bottom signal. This would be a huge signal to start the year off right by flipping momentum here in January. Any bets?