As we can see, the ETH/BTC pair is in a fairly marked downward trend, but it's not long before it regains bullish momentum. However, I would consider taking the previous low to manipulate and see if we're going up. I also note that for this reason, we're not seeing an ALTSEASON, as most have expected.
Until ETH recovers against BTC, ALTS will not rise. The occasional project may pump due to fundamentals or updates they may provide, but a bull run like the one we saw in the last cycle remains to be seen.
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