Hello everyone, let's do a cryptofamily trend analysis. Bitcoin and Ethereum the 2 brothers going through life together. At this point BTC and ETH have clearly showed us they move together. And by together I mean Bitcoin goes in a direction and Ethereum follows. BTC is going down, if you're following you know my point of view on it and we have to assume ETH will always. Not only ETH but the whole crypto market really.
ETH is respecting FIBs from the first leg down AND the numbers (in term of percentage) coexist with where we think BTC is going. $420 is where I'm seeing ETH going which will bottom when BTC bottom and NOT before.
Important to understand that all things have a cycle. We just experienced the crypto cycle low for 1-2 months. So up we go! Those waiting for below 5 r going to be very disappointed.