Is BTC Ending Its Bull Market? ETH's Strong Trend Suggests New Leader Emergence
Recently, ETH's technical performance has clearly outperformed BTC: although it was dragged down by Bitcoin's correction, the 4-hour chart shows that ETH has repeatedly tested the upper boundary of the channel while maintaining support. As long as the key yellow line holds, it's very likely that ETH will lead the charge upward when BTC rebounds, heading straight for the resistance zone.
Currently, BTC has ended its one-sided rise and entered a period of consolidation, while ETH's bullish trend remains intact—this divergence is reminiscent of last year's scene where BTC dominated the market. Now, ETH is the new BTC, while BTC is being suppressed by capital.
If you have plans to buy the dip, it's recommended to prioritize ETH. Don't be misled by appearances; the signals of strength and weakness transition are already very clear!
Today, I will continue to look for relatively high and low points to enter the market. If you want to find me and plan for an entire bull market together!