EthereumShort
We go down a bit and then decide
What if: BTC didn't break out and is currently below the extended support line of the pennant, trying to break to the bullish side.
BTC to ETH 24h volume ratio is also close to 2:1 right now, so ethereum has kept quite some liquidity, relative to Bitcoin, which could explain why it's still trying to break out from the pennant (following Bitcoin's fake out)
BTC to ETH 24h volume ratio is also close to 2:1 right now, so ethereum has kept quite some liquidity, relative to Bitcoin, which could explain why it's still trying to break out from the pennant (following Bitcoin's fake out)
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