Layer 1s peak price superimposed on Eth price action. Take note that they all peak at different times allowing for cycling through each.
Note
whenever Eth is on the move, the other L1s tend to relax. Upon Eth consolidation or low momentum periods (indicated by MACD) L1s tend to hustle to their ATH. Lesson: when the media starts questioning ETH - focus on the L1s.
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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.