以太坊

ETH Bulls Respond but Lag

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Solid move up this morning in response to the BTC breakout, but still lagging behind big time.
We are looking at a BTC dominated market and narrative as long as the ETF topic is on the table.
Bulls must keep up higher lows and higher highs on the 4 hour chart to continue to head back towards recent highs.
ETHBTC will have to change the trend on the daily time frame for these bounces to hold any weight,
otherwise we will just see these moves given back for the inevitable BTC consolidation.
I do not expect this alt/ BTC relationship to change any time soon as we have multiple weeks before we get more ETF information, either a decision or a delay.

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