Bitcoin, Yes! But What About Ethereum?

2 Okt

Bitcoin's chart is doubtful, this cannot be denied. Not everybody can look at it and easily determine what is going to happen next. Not everybody can extract the hidden and subtle signals; but what about Ethereum?

➢ Ethereum and Bitcoin move together, they are siblings; what one does, the rest follows.

➖ Ethereum, ETHUSDT, has a clearly bearish chart, this is something we can all see.
➖ Ethereum peaked in March 2024, just as Bitcoin did.
➖ Ethereum produced a major low in early August, just as Bitcoin did.
➖ Ethereum is 100% bearish, just as Bitcoin is... Wait, is it?

Yes, they are both one and the same.

When one chart is doubtful, we can look around and we can find clues in other pairs that tend to move in the same way.

Notice the volume breakout yesterday, the bear day produces twice as much volume as the daily average.

Notice the lower high and the EMA377 resistance being confirmed.

Ether is set to produce a lower low, this is clear, but what about Bitcoin?
Will Bitcoin detach and move up while everything moves down?

I don't think so... The market is set to experience one major drop.
Think of early August but much, much stronger...

Thanks a lot for your continued support.

Namaste.