Ethereum is going to melt faces at some point this year, but I think that Bitcoin still needs to show off a bit more before that happens. The 50 EMA looks like it's about to cross down below the 200 EMA, which would be bearish in the short term. I think that ETHBTC will stay in this channel for a bit longer until it inevitably tests and then breaks that previous support around 0.055 BTC, leading to an alt season we'll be telling our grandkids about.
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Confirmed: ETH is melting faces