Let's put the cap at 0.03. I think this chart shouldn't go below that. It's such an horrendous chart. I imagine everyone accepted defeat for ETH. In an ideal world this should go to infinity but anyway :D I've seen many many charts like this. It comes to the start of the strongest wave and then a new episode begins. I think the pain is over for ETH.
Note
I don't hold any ETH right now because I had much better alternatives. But ETH's strength against BTC is important for us shitcoiners, as it crashes BTC dominance.
Note
It's better to see this strength in red market than green market. We'll see.
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.