We will likely break first on ETH, and this can be a signal, but we must ensure confirmation with a BTC bull break not long after.
ETH currently the best setup for the bulls which will have me looking this way on the daily EQ break.
Potential to form a lower high today, which would continue to see the range tighten up into tomorrow.
Currently a no trade zone for me, patiently waiting for the break.
Break this EQ and our weekly lower high is likely in. Break and we look to continue to mid- upper $700s.
Bulls still keep full control and it is up to the bears to prove otherwise with and a loss of supports.