ETH broke down the lowest trendline I have drawn on December 8th. One more time it is a resistance line for ETH. If BTC bullrun ends soon, ETH will break out and continue its bullrun. On the other hand, if BTC continues to climb (and if you consider the CME, CBOE and TD Ameritrade BTC additions today, I would expect a huge BTC dump as we have experienced on CBOE BTC addition occasion.
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Still struggling to break the line there. BTC dump does not seem to help people to get behind ETH enough. CMC stepped back 10 billion USD and we have new investors, traders in the block now. Anything is possible.
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New trend line have already been broken
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