Macro Cycle Shows ETH Ready for Major Run

٩ يناير ٢٠٢١

Zooming out of the ETHBTC price chart, we can see a simple and repeating pattern. Two aggressive moves up, followed by a steady and extended retrenchment, which introduces a parabolic move up to a new all time high. In the current bull market, ETH is ready for a major run up relative to BTC.