Don't talk $ETH much, but here's the read:
If $BTC holds its range structure, $ETH should push into the 3,000s while BTC trades the 90Ks. Not overnight — this takes time to develop. Expect a few more hunts and shakeouts along the way.
Overall? ETH looks okay-ish. Not screaming bullish, but the setup's there if BTC cooperates.
Chart context: ETH's relative strength matters. If BTC consolidates cleanly, altcoins get room to run. This is textbook rotation mechanics — BTC stabilizes, capital flows into majors like ETH.
Invalidation: If BTC breaks range to the downside, this thesis dies. No BTC structure = no ETH move.
Size accordingly. This fits the long game if you're patient and selective.
If $BTC holds its range structure, $ETH should push into the 3,000s while BTC trades the 90Ks. Not overnight — this takes time to develop. Expect a few more hunts and shakeouts along the way.
Overall? ETH looks okay-ish. Not screaming bullish, but the setup's there if BTC cooperates.
Chart context: ETH's relative strength matters. If BTC consolidates cleanly, altcoins get room to run. This is textbook rotation mechanics — BTC stabilizes, capital flows into majors like ETH.
Invalidation: If BTC breaks range to the downside, this thesis dies. No BTC structure = no ETH move.
Size accordingly. This fits the long game if you're patient and selective.