Hi,
I am not taking any credit for this chart as I saw it on Twitter.
However its something I will share as it gives some weight from a MACRO perspective.
With the top chart, we have a weekly chart of ETH paired with BTC and at the bottom, we have GOLD price on the 2 weekly chart.
The fractal aligns well so far.
Let's see how this aligns in the coming weeks and months.
Note the fib levels assigned to the price action.
Enjoy!
Regards,
S.SAri