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While Bitcoin is dragging market sentiment higher, Ethereum is still struggling slightly to push above its prior month highs on the 4H chart. However, with the top of its current bull channel sitting at 2,530, a breakout above this level could trigger a rapid catch up rally. I am watching the correlation between BTC and ETH closely because the second largest crypto often lags before an explosive move. If we see a sustained close above the resistance, the technical thesis for an altcoin season becomes much stronger. Stay patient and wait for the signal before scaling into your positions. #ETH #Ethereum #TechnicalAnalysis #AltcoinSeason
$BTC