ETH buy the dip

Ethereum shows a golden cross over in the weekly chart. showing a sign of its continued bullish run. However, that is only one indication we still need further conformation this will continue. I expect ETH to drop just under 1200 and it has to hold or we might see a reversal to the downside. this might be a final opportunity to buy ethereum before it becomes to high for the opportunity. now, there are still a few upgrades that are in the works for ETH. one of which is that there is now about 1.15 million ETH locked up in the Beacon Chain, roughly 1% of the total supply. so what does this mean to you? with 1.15 Mil being locked up it means there is fewer supply of ETH and like basic economics what happens when a resource begins to become scarce? the underling resource will go up in value. now there is still more projects ETH is working on make sure to do your own DD and study what the blockchain is doing with the currency. Mid February should be an interesting month and possibly march as well