We broke out of a symmetric triangle (T1) and consolidated in a falling wedge (F2), all bull here, BTC also broke up of his range consolidation
which is actually leading the market now
Things are going to be interesting because at first, during the push to 12K last months, ETH was leading the way because of money was pouring into DEFI protocols which led ETH to insane highs. However DEFI bubble has popped and ETH took its -30% hit because of it.
Now we see that BTC is leading the pump which is more healthy for the space imo
alts WILL get crushed if BTC bull run so be careful! ETH might pump if BTC ranges a bit
which is actually leading the market now
Things are going to be interesting because at first, during the push to 12K last months, ETH was leading the way because of money was pouring into DEFI protocols which led ETH to insane highs. However DEFI bubble has popped and ETH took its -30% hit because of it.
Now we see that BTC is leading the pump which is more healthy for the space imo
alts WILL get crushed if BTC bull run so be careful! ETH might pump if BTC ranges a bit