$BTC vs $ETH - The Rise from Ashes
Usually, traders would analyze the ETH/BTC chart. This time, I have decided to flip the switch and make it BTC/ETH chart.
Because of that, we can see how ETH is truly at the bottom and is ready to start regaining its strength against Bitcoin.
Not only has BTC/ETH broken out of its bearish trendline, but the RSI has also dropped below its MA support line, for the first time in 3 years.
The trendline breakdown and RSI falling below its MA, reminds me of the 2020's altseason. It seems like history is repeating itself again. Big time ahead for Ethereum and altcoins.