History is a great teacher. During the 20k bull run, $ETH/$BTC peaked on the same week that $ETHUSD lost nearly 50% of its value. We are going down. $ETH will go down slower in relation to everything else.
This is not bullish price behavior. One asset that COULD be basing here is $ETHBTC. People forget that in 2018 $BTC and $ETH tanked in USD, but $ETHBTC mooned.
@Milandesunee@majinsayan@insiliconot Earlier today looked pretty bearish. Now undecided, we will find out soon. 2400 would be more of a liquidation candle.
While everyone is dancing and celebrating JPEG wins, $BTC in the midst of a potentially major pullback. $45k is coming, much lower if that doesn't hold. Euphoria peak, pull the rug.