So far ETH underperformed in my opinion, it was left aside in a certain sense, probably because people was focused on BTC and the ETFs approval. I said multiple times that I think that will be a liquidity swipe followed by a sell the news event. Off course this is what I think (me and many others traders actually but I can speak only for me).
Right after the ETFs approval ETH pumped while BTC stood almost still. As you can see on the daily chart the RSI invalidated the bearish DIV and OBV is going up so I think ETH will reach 2900-3000 USDT soon if this weekly close won't surprise us.
Daily chart:
Along with ETH its entire ecosystem is pumping in case you forgot to check.
I don't long something that is already pumping but you wait for ETH to go to 2.9-3K a good short occasion will present. Much better, short occasions will present on all the tokens of its ecosystem.
Right after the ETFs approval ETH pumped while BTC stood almost still. As you can see on the daily chart the RSI invalidated the bearish DIV and OBV is going up so I think ETH will reach 2900-3000 USDT soon if this weekly close won't surprise us.
Daily chart:
Along with ETH its entire ecosystem is pumping in case you forgot to check.
I don't long something that is already pumping but you wait for ETH to go to 2.9-3K a good short occasion will present. Much better, short occasions will present on all the tokens of its ecosystem.