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#ETH is indeed going much stronger than #BTC , but the key pressure level doesn’t have the conditions for an independent breakout.
If in a bull market this has been so strong, perhaps when Bitcoin is ranging sideways, Ethereum could actually push up on its own.
The pressure level above at 1830-1850 hasn’t changed. Before there’s a break and hold above it, you can still look to short.
The support level below is around 1725, but it’s not a very strong support.
My personal view is that we haven’t bottomed out yet. Whether you call it a “iron bottom,” or whether it hasn’t already pumped that much, or whether it can’t possibly drop that much—anyway, I feel like it hasn’t bottomed.
Anyway, in a bear market, it’s a long road—time will tell the answer.