#Ethereum is finally outperforming BTC right now. | Mags on Binance Square

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#Ethereum is finally outperforming BTC right now.

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ETH

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-3.92%

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-1.22%

641

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We are about to witness a massive #altcoin season.

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#Ethereum is going to $15,650 ? Last cycle when ETH broke above its previous ATH it went up by +211% and peaked at 3.618 fib extension level. ETH has finally broken above its ATH again for the first time in this cycle and 3.618 fib extension level is sitting at $15,650. Even if ETH achieves only half the growth of the previous cycle, we are looking at $10,146–$11,600, where the 2.272 – 2.618 Fib extension levels are. A very conservative target for ETH would be the 1.618 Fib extension level at $7,500.

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Altseason Loading as #Bitcoin Nears Its Peak? If you look at Bitcoin Dominance and the Bitcoin chart, you’ll notice a clear pattern: Each time dominance starts free-falling, Bitcoin is usually close to its peak before the final blow-off top. This happened in 2017 and 2021, where BTC dominance dropped sharply while Bitcoin made one last push and both BTC and alts pumped together before the final blow-off top and the start of a massive bear market. Once the dominance bottoms and starts rising again, that’s usually when both altcoins and Bitcoin begin their fall into the bear market. This means next few months are going to be important for crypto and this might be your last chance to make it big..

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#Bitcoin - What if 🤔

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#Ethereum - that was your last chance to buy ETH before a new ATH..

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