ETHUSD - Rotation from BTC into ETH
Hi Everyone
We're finally seeing the long anticipated upward price action for Ethereum. However, there is a small concern that the rotation of liquidity into Ethereum could indicate the final moments of a bull market, as it so often has in the past. Usually after Bitcoin reaches its high, Ethereum is next in line making a new high and after that smaller caps.
I'll be keeping a hawks eye on BTC price action whilst enjoying the Ethereum run.
Best Regards
Ev
We're finally seeing the long anticipated upward price action for Ethereum. However, there is a small concern that the rotation of liquidity into Ethereum could indicate the final moments of a bull market, as it so often has in the past. Usually after Bitcoin reaches its high, Ethereum is next in line making a new high and after that smaller caps.
I'll be keeping a hawks eye on BTC price action whilst enjoying the Ethereum run.
Best Regards
Ev
Komen:
It seems we have rotated back into Bitcoin, interesting gameplay at hand. Eth stopped right under our 3800 target at 3755. For now, it seems the spotlight is back on Bitcoin and Eth might be consolidating at the current range whilst BTC moves.
Komen:
Update on ETH available.
