CrediBULL Crypto|5月 07, 2026 18:28
An update here on ETH with some important implications for alts.
While the ETH/USD pairing did indeed break out as expected from our last update on it (quoted tweet), the ETH/BTC pair ended up failing to reclaim our local range and has bled back down (because of BTC strength to the upside).
It now seems that our HTF green zone below is going to be met sooner rather than later- and this is a VERY good sign because it implies that the bottom of ETH/BTC before its next major leg to the upside (similar to the one we saw from May 25th-August 25h) is closer than originally expected.
As previously stated- I believe the BTC bottom is likely in, so the most logical way ETH/BTC moves to the green zone below is more of the same- further BTC strength as ETH initially "lags" (like we are seeing now), until this major support zone is met some 10% lower.
At that point, would expect ETH to start playing catch up to BTC with a rise to 2600-2800+, and this would be a good sign for primed alts in general imo because if ETH is gaining on BTC in terms of performance it means BTC is likely stable/chopping and not dropping hard- and these are the best conditions for (primed) alts in general to begin outperforming as well.(CrediBULL Crypto)
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