The exchange rate is looking pretty good and has already reached a turning point. From here, buy Ether on dips. If the market recovers—and if we're now moving from a bear market into a bull market—Ether should outperform Bitcoin. Otherwise, it will continue to trade sideways.
Every bull market follows the same pattern: Ether tends to outperform Bitcoin early on, with bigger gains. Keep an eye on the exchange rate; once it starts strengthening, you can follow the trend and take a long-term position.
If Bitcoin breaks above 87,000 again, altcoins will bloom across the board. If it breaks above 100,000, altcoins will bloom across the board for a second time. The market tends to move in stages: first Bitcoin and Ether rally, then they trade sideways at higher levels as funds flow back into altcoins; then Bitcoin and Ether rally again and consolidate at higher levels, while funds continue to flow back into altcoins.
When Bitcoin and Ether are rising, altcoins generally move sideways or fall. Altcoins only tend to gain strength when Bitcoin is trading sideways.
Every bull market follows the same pattern: Ether tends to outperform Bitcoin early on, with bigger gains. Keep an eye on the exchange rate; once it starts strengthening, you can follow the trend and take a long-term position.
If Bitcoin breaks above 87,000 again, altcoins will bloom across the board. If it breaks above 100,000, altcoins will bloom across the board for a second time. The market tends to move in stages: first Bitcoin and Ether rally, then they trade sideways at higher levels as funds flow back into altcoins; then Bitcoin and Ether rally again and consolidate at higher levels, while funds continue to flow back into altcoins.
When Bitcoin and Ether are rising, altcoins generally move sideways or fall. Altcoins only tend to gain strength when Bitcoin is trading sideways.
