ETH/BTC ratio will determine what to be overweight/underweight
Updated
ETH/BTC ratio is still consolidating after having a lower bound range breakout... previous price moves from these ratio levels have been significant and we should continue to keep an eye on the ETH/BTC chart to see if the ETH to BTC price continues the bullish breakout after a multi-year consolidation... I am personally bullish on both Bitcoin and Ethereum, but monitoring this ratio has helped me better allocate whether to be overweight/underweight BTC or ETH, especially during the bull cycle... I will update this idea as the price ratio decides the direction
Note
watch ETHBTC closely... Im expecting a lot of volatility soon for the price pair ratio and while I still remain uber bullish on Bitcoin, I like allocating appropriately when we get some signs of BTC SZN vs ALT SZN.
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