Are we oversold? Can Ethereum catch up?
Not at all financial advise - just my 2c.
Obviously Ethereum let Bitcoin run on Oct 3 and Bitcoin has only just now taken a breather. I would assume that if we are don't see progress soon, Bitcoin will say 'see you later' and Solana will take advantage.
If Eth continues dropping down below the long red upward trend line, that is a pretty clear breakdown for me. I'll swap some Eth into Btc until we get a clear picture again of where Eth wants to go.
Not at all financial advise - just my 2c.
Obviously Ethereum let Bitcoin run on Oct 3 and Bitcoin has only just now taken a breather. I would assume that if we are don't see progress soon, Bitcoin will say 'see you later' and Solana will take advantage.
If Eth continues dropping down below the long red upward trend line, that is a pretty clear breakdown for me. I'll swap some Eth into Btc until we get a clear picture again of where Eth wants to go.