Ethereum’s Breakout Looms as Analyst Sees Strong Bullish Momentum

Despite Ethereum’s recent lackluster performance against Bitcoin, renowned analyst Peter Brandt predicts a significant surge in the altcoin. With 50 years of experience, Brandt points out that Ethereum is poised for a breakout from its descending channel, transitioning into a symmetrical triangle formation, a classic sign of consolidation before substantial price movements. He further asserts his preference for Bitcoin as a trader while remaining optimistic about Ethereum’s potential.