ETH trend has mirrored BTC since July. From July to September the arc was nearly identical. Then from September to November there has been a very similar arc for BTC, while ETH has been staircasing up. ETH has now corrected back to the macro trend, and could be a good buy opportunity here, but I think this cycle has a few more days in the broader crypto market.
Short term reset with a long term bullish trend. Looking to bounce off trendline and 100 day SMA around the end of Nov or early Dec. Would like to see a confirmation of a hold of that trendline and a new uptrend on the RSI for a new push towards a test of $80k for year end.
