Ethereum Long Trend Analysis
The crypto market is maturing into a whole new asset class on its own right. As such it does follow its own internal cycles. Primarily driven by bitcoin and the alt season cycle. In the chart we observe 3 major trends in color. Subdivided in channels. Also please note the 1st December dates marked below. Indicating the start of outperformance of eth and other alts over bitcoin.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.