ShinForex1

Ethereum will drop as liqudity goes to Bitcoin

Short
ShinForex1 Updated   
BITSTAMP:ETHUSD   Ethereum
As are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the first interest rate cut!!


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Close partial profit, but i still expect bitcoin dominance to suck the liquidity on eth

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