What's up, my people? 🗣️ Get comfortable because things are heating up. Here's the deal: while Bitcoin is making its move cautiously, Ether (ETH) is going all in, recovering the $3,000 USD mark and breaking through some levels that, for those who know, are a big deal.
The move is that ETH is outperforming BTC this week. The ETH/BTC pair made a surge not seen in a year, surpassing its 200-day moving average! 📈 And as if that weren't enough, the RSI of the pair broke a three-year downtrend. My friend, that's not a coincidence; that's a structural change that was coming.
Some friends from Swissblock say that money could be rotating from BTC to altcoins, and with the move ETH is making, the bullish camp is bursting at the seams. 💰 To give you an idea of the flow, there's an analyst who dared to say that Ether could reach $18,205 USD. Yes, you heard that right! A 1,110% vertical rally, based on a fractal analysis that compares ETH's movement to Bitcoin's cycle from 2018-2021. Although the guy himself says it's somewhat speculative, the pattern is crazy and fuels optimism.
But let’s not get ahead of ourselves, as a more technical trader, Daan Crypto, sets a closer target: $4,000 USD. For him, anything outside the $2,800 to $4,000 range is pure "noise". The thing is that ETH has already entered the upper half of its 18-month cycle range, and that, buddy, is a clear signal that the party is just getting started. 🎉
The play is that the big players are noticing that the tide is changing, and if Bitcoin's dominance keeps falling, we could be on the brink of that 'altseason' we've all been waiting for. The question now is: are you riding the wave or watching from the shore?$BTC $ETH