BTC is showing a stronger bearish structure, while ETH is compressing around support/resistance.
Therefore:
If BTC breaks $62.2K 🔴
ETH is much more likely to lose $1,850.
If BTC reclaims $64.1K 🟢
ETH has a much better chance of breaking $1,900–$1,920.
So for the next ETH trade:
WATCH BTC FIRST. TRADE ETH SECOND.
Therefore:
If BTC breaks $62.2K 🔴
ETH is much more likely to lose $1,850.
If BTC reclaims $64.1K 🟢
ETH has a much better chance of breaking $1,900–$1,920.
So for the next ETH trade:
WATCH BTC FIRST. TRADE ETH SECOND.