One of the strongest relationships out there no one is talking about is ETH and JETS global airline ETF.
Historically it has nearly a perfect 1 to 1 correlation with ETH at major turning points. Right now JETS is breaking out to fresh 5 year highs while ETH lags. Last time this happened was late 2016. History says that when people have excess money for travel and leisure they also like to speculate in crypto.
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One of the strongest relationships out there no one is talking about is ETH and JETS global airline ETF.
Historically it has nearly a perfect 1 to 1 correlation with ETH at major turning points. Right now JETS is breaking out to fresh 5 year highs while ETH lags.
Last time this happened was late 2016.
History says that when people have excess money for travel and leisure they also like to speculate in crypto.