This is really shabby technical analysis, but I found it interesting.
BTC (blue) seems to have settled back near a trend it was following in Oct-Dec 2020
Coincidentally, when superimposed on ETH (orange), the same trend line seems to track what ETH was doing from Jan-March 2021.
One interpretation is that these cryptos have just come back to their medium term uptrend after a few months of mania.
BTC (blue) seems to have settled back near a trend it was following in Oct-Dec 2020
Coincidentally, when superimposed on ETH (orange), the same trend line seems to track what ETH was doing from Jan-March 2021.
One interpretation is that these cryptos have just come back to their medium term uptrend after a few months of mania.