Despite good confidence that Ethereum will continue to outperform BTC in the near future.



Any soon to be upside will get canceled if BTC loses the bullish point of control here.

Ethereum will still outperform. But that means it'll just drop less than Bitcoin.

It doesn't mean it won't take a hit either. That's not what outperforming vs Bitcoin means.

I still think Bitcoin will bounce in this $90-93k area though. At the very least a slight bounce even if the market would look weak.

Just don't want to see continued weakness inside of it.

It means this relief will (temporary) come to an end and we'll need to go lower again first to get higher after.

No point in fighting the market if we do.

BUT, we aren't there yet. First things first.

$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
ETH-6,87%
BTC-3,62%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)