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.
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also compare with the sol reversal
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ethbtc shows some rebound signals
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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.
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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.