i assume btc will have a 1st bounce then dip again into 25000 level to clear equal lows so that week hand would get out of market, then we all embrace the new bull run again. ready for the long retrace ahead.
break above red line then retrace, if it hold the blue line, i am convinced that ETHBTC wants to expand to range high.
wait for retraces and enter long again, aiming 52000usd then boom to 24000 maybe. anyway it's a short play during this strong bullish sentiment, so be careful.
let's see where it leads bitcoin will consolidate a bit so 1000bonk won't up move forever, i think i will consolidate,