BTC is Powerful, but ETH is a Beast!

Hello TradingView Family,

I found ETHBTC chart interesting. Here is why.

First, we had an inverse head and shoulders formed around 0.01-0.02 demand zone, then the bulls took over by breaking above the gray neckline.

We had our first impulse movement, and we are currently in a correction phase in the shape of an ascending triangle.

For the next/second impulse movement to start, we need to see a strong candle close above the upper bound / red trendline.

What does this mean?
ETH is showing strength, compared to BTC.
While BTC was trading inside a falling channel on Daily, ETH is holding its ground.

As I always say: BTC is Powerful, but ETH is a Beast!

What does a bullish ETHBTC mean?

Scenario 1 - ETHEREUM UP, and BITCOIN DOWN (just like this week)

Scenario 2 - ETHEREUM UP, and BITCOIN UP with ETHEREUM moving up more aggressively

Scenario 3 - ETHEREUM DOWN, and BITCOIN DOWN with Bitcoin moving down more aggressively

Which scenario is more likely to happen in your opinion? and Why?

All Strategies Are Good; If Managed Properly!
~Rich