And what about $ETH ?

Well, $ETH tends to outperform $BTC to the downside, which isn't surprising since the $ETHBTC chart still looks bearish 🤷‍♂️

1st Leg Down on $BTC: -36%
1st Leg Down on $ETH: -46%
(10% difference)

2nd Leg Down on $BTC: -38%
2nd Leg Down on $ETH: -48%
(same 10% difference)

If the 3rd Leg Down on $BTC is gonna be -40% (explained yesterday), then the 3rd Leg Down on $ETH would be -50%? Which is approximately $1230