Real Vision Bot Shows Preference for Ethereum

https://dailyhodl.com/2022/11/26/trading-robot-known-for-outshining-markets-allocates-to-ethereum-polygon-and-two-other-assets/amp/

https://www.benzinga.com/markets/cryptocurrency/22/11/29865618/ethereum-whale-accumulation-soars-to-highest-rate-in-2-years-what-that-means-for-investors

Pixabay Image Credit

The famous Real Vision Bot, which has worked to forecast and make profitable trades in the cryptocurrency market is focused on Ethereum.

Ethereum currently trades around $1,200 after a weekend whale move of over $1.2 billion in ETH. Ethereum has been bouncing around the $1,100-$1,200 level and has shown signs of accumulation and movement by whales. Ethereum ERC20 tokens are bouncing, and derivative tokens are moving upwards as hlthe market thaws a bit. The cryptocurrency market is still in a bearish pattern with Bitcoin facing resistance around $16,500. Expect the market to rip if Bitcoin blows past $18,000.

The great news for Ethereum keeps coming. I am glad that the market is showing signs of consolidation as the crypto winter shows some signs of thawing. It's good to see whales taking an active interest in coins that have dipped and the recent $1.2 billion move is a signal that there is faith in the market among big players.

Cryptocurrency is seasonal, with the best month being November traditionally and the Winter months being a bear market period. Keep an eye on the technical indicators as we bounce around in a bear market. Regarding SHIB, I'm accumulating here as well.

I am accumulating and DCAinf some cryptocurrency ahead of makret consolidation and am excited for the Spring pump.