The bulls of Ethereum (#ETH ) are really tenacious. Yesterday's 'painting door market' should have scared off quite a few people, yet almost no bulls exited the market, which is simply incredible.
From the current futures positions across the network, the bulls of ETH are still clustered together, fully reflecting the firm belief of the 'E Legion'.
In contrast, I believe Bitcoin still has room to dip; while for Ethereum, it might just need a slight pullback at the lower end of the range to finish the adjustment.
If Ethereum starts to 'siphon funds' from BTC beginning this month... just thinking about it is exciting, I might even laugh in my dreams.