ETH will significantly outperform BTC through 2025

ETH/BTC is at a crucial inflection point and may be about to reverse, giving ETH an opportunity to outperform BTC significantly from now through end 2025.

Points to support this argument from the weekly ETH/BTC Chart:

1. Support line since Jan 2020 is being tested (pink). If this holds, a bounce and reversal is possible

2. The impulse wave that started in Jan 2020 topped in December 2021 (orange 1 on chart) and has been in a correction Wave 2 since then. This Wave 2 has been a clean ABC correction (end points labeled in blue).

3. The Wave 2 pullback is currently between the 0.618 and 0.786 Fib level and this may be a confluence with the Support Line since Jan 2020 (see point 1), offering a confirmation of a reversal

4. It is way below the 200 DMA (yellow line) and the 200 WMA (orange line) and reversion to mean may be next

Taken together, these build a solid case for a reversal of the ETH/BTC trend. If this reversal occurs, completing Wave 3 means ETH will significantly outperform BTC through end of 2025. Only if this pink support line since Jan 2020 is converted to support first. Interesting times.

交易开始

ETH/BTC bottomed out on 20 December, completing an ABC correction wave.
It has started a new impulse wave - and recently completed sub-wave 2 of this impulse wave.
It is expected to progress along thin new impulse wave as shown in the grey lines