Strictly speaking, BTC is currently slightly weaker than ETH.
Why? Take a look at the chart.
If you haven’t noticed this unusual point today, it only means you haven’t been paying close attention to changes in market capital flows.
There are two possible scenarios next:
1. BTC is once again rejected at the reversal line for this downtrend structure (the price level marked by the yellow line in the chart), then falls, with ETH turning down as well.
2. BTC breaks above the trendline of the current downtrend structure, while ETH continues to rally toward our stated target of 2,350.
Why? Take a look at the chart.
If you haven’t noticed this unusual point today, it only means you haven’t been paying close attention to changes in market capital flows.
There are two possible scenarios next:
1. BTC is once again rejected at the reversal line for this downtrend structure (the price level marked by the yellow line in the chart), then falls, with ETH turning down as well.
2. BTC breaks above the trendline of the current downtrend structure, while ETH continues to rally toward our stated target of 2,350.
