ETH/BTC , it's time for altseson?
"In the case of ETH/BTC, the price is currently below the liquidity trend line on higher time frames. The current level is crucial; a failure to hold this level could signal a correction phase for altcoins. Conversely, if the price on the daily timeframe closes above 0.03470 with strong momentum and forms (FVG) pattern, it may indicate the start of altseason. To mitigate risk, it may be advisable to exercise patience and wait for further confirmation."
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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.