Are we entering short the corn, long $ETH era? Finally? | 21blacky on Binance Square

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Are we entering short the corn, long $ETH era? Finally?

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Bit disappointing this attempt for $ETH to break out tbh That is a daily bear divergence Hoping this first rejection is just that, a fake and not a solid reversal We’re still in structure and trending ema’s which is good But possible reversal candle + bear divergence on daily is definitely not good If you invert the chart, this would be the daily candle you long, bull divergence and long the sweep/flush. Just something to keep in mind. That the first bearish data point IS emerging + $BTC looking like local top and $98k still not met

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Macro rotation is slowly starting $BTC to $ETH “But bitcoin is locked in stocks now so how? Well $IBIT and all other big money players that can exit through greyscale, can simply sell and buy $ETH under $ETHA and the many other options for it Then due to that, you get all the native crypto people, exiting $ETH in new ATH price discovery to jump into alts The rotations will happen, but generally slower as we’ve seen with this bullrun so far, it’s taking a lot longer for price to trend, but trend it does $IBIT > $ETHA > alts $BTC > $ETH > alts Same rotation, just a different mechanism

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$ETH 100x set up, or are bulls getting baited? Discuss It’s a continuation set up in my analysis and I don’t see any bear data points in the systems I use $3.2-3k next. Reclaiming that structure and holding will take us to ATH. Eth went down for 4.5 months in a pretty serious bear trend, there is no reason why Eth can’t trend up for 2-6months. We are already 1.5 months into the current bull trend. Zooom out.

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$BTC $106k support floor held Run to the highs incoming 👌🏽

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$BTC $110k hit, rejected as the scenario suggested earlier in the week Until we close green above $110k, the most likely outcome is a retracement to $102k Fast or slow, I don’t know. But it may give a buying opportunity on eth on or below the 7d ema, keep that in mind. Bitcoin probably distributes for a week or two, whilst alts run imo.

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