eth is down 2.69% to $1,885 while btc sits at $66,619 on its 200-week trend line
that is the setup nobody wanted. all eight majors are red, sol worst at -3.96%
my take: $ETH does not get its own bid until $BTC stops testing that line
what breaks the thesis is btc reclaiming 70k with eth following on real volume, not a bounce
what kills it is a 57.7k print, the level one analyst already flagged
until then eth is just a beta trade on btc's mood
that is the setup nobody wanted. all eight majors are red, sol worst at -3.96%
my take: $ETH does not get its own bid until $BTC stops testing that line
what breaks the thesis is btc reclaiming 70k with eth following on real volume, not a bounce
what kills it is a 57.7k print, the level one analyst already flagged
until then eth is just a beta trade on btc's mood
