The current ETHUSD weekly is very similar to the BTCUSD daily from the beginning of 2019.
It is likely to follow BTC. Fees on ETH are rising, which creates a positive feedback loop as staking revenue increases.
It is likely to follow BTC. Fees on ETH are rising, which creates a positive feedback loop as staking revenue increases.
הערה:
also compare with the sol reversal
הערה:
ethbtc shows some rebound signals
הערה:
approval of btc etfs means higher chance for eth etf approval in may/june. so it's likely that the market will price that in now.
הערה:
BTC Dominance had a bear div and a lower high with rsi bear div trendline rejection, indicating momentum shift towards altcoins. Could form a head and shoulders top next. Watching.