1. From the perspective of Dow Theory
Bitcoin's high point moves upward, which is a bullish trend;
Ethereum's highs are moving downwards and its lows are moving downwards, which is a bearish trend.
2. From the perspective of moving average theory
The price of Bitcoin remains above the daily MA60, MA120 and other moving averages, and the moving averages are flattening and starting to move upward, indicating an obvious bullish trend;
The price of Ethereum is below the moving averages such as ma60 and ma120, and the five moving averages are moving downwards, which is a typical short trend.
in conclusion:
1. It is difficult for Ethereum to outperform Bitcoin this year. Bitcoin is the first choice for long trades and Ethereum is the first choice for short trades;
2. Bitcoin is in a bullish trend, which means that holding spot and going long on dips in futures is the first choice. Don’t guess at the top, as it is meaningless. You can appropriately choose radical operations such as rolling positions and going long on callbacks;
3. Don’t be FOMO. Spot Bitcoin can be full at any time. Try not to chase high futures, especially don’t make up for the increase.
