ETH has been leading the way last weeks, which is pretty rare, usually the BTC is the one, who is in the charge, but not right now.
ETH dropped 80% from all time high, however this move seems to me like typical ABC correction, the length of wave A and C is pretty much 1:1, so I think this ABC correction is done right now and we will soon testing the upper trendline at 2200 $.
The volume is currently massively increased on ETH and on many other altcoins, so definitely big players are currently in the market, probably accumulating before some decent alt season.
ETH dropped 80% from all time high, however this move seems to me like typical ABC correction, the length of wave A and C is pretty much 1:1, so I think this ABC correction is done right now and we will soon testing the upper trendline at 2200 $.
The volume is currently massively increased on ETH and on many other altcoins, so definitely big players are currently in the market, probably accumulating before some decent alt season.