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Let's look at the correlation between Ethereum and Bitcoin.

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Fundamental Analysis Technical Indicators Trend Analysis BTC ETH Bitcoin (Cryptocurrency) Ethereum (Cryptocurrency) BTCUSD BTCUSDT ETHUSD ETHUSDT Technical Analysis
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fundamental indicator trendanalysis btc eth bitcoin ethereum btcusd btcusdt ethusd ethusdt technicalanalysis
#BTC #ETH

Today we will look at the correlation between Ethereum and Bitcoin.

▪️If you pay attention to Ethereum, it is trading on an uptrend line, as Bitcoin has not yet reached its line at $22,000.

▪️It can be assumed that Ethereum will go locally to the stage of a downtrend and is waiting for its downward variant to work out.

▪️RSI is giving a buy signal for ETH, but bitcoin's decline is not over yet...

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