#ETH This pullback is much healthier than #BTC .
ETH has retraced about 15%, completing a wave 4 pullback after wave 5; the daily MACD has pulled back to the zero line, and the RSI has also fallen below the midpoint, so the technical indicators have basically finished correcting.
Looking at the ETH/BTC exchange rate, the price decline is not large, but the indicators have already adjusted sufficiently. This is a healthy correction in a strong trend.
As long as the structure remains intact, ETH’s subsequent upside potential is worth watching.
ETH has retraced about 15%, completing a wave 4 pullback after wave 5; the daily MACD has pulled back to the zero line, and the RSI has also fallen below the midpoint, so the technical indicators have basically finished correcting.
Looking at the ETH/BTC exchange rate, the price decline is not large, but the indicators have already adjusted sufficiently. This is a healthy correction in a strong trend.
As long as the structure remains intact, ETH’s subsequent upside potential is worth watching.