I don't know who still needs to hear this...


But $ETH is the total opposite of bearish here.
ETH/BTC is telling you the way, and you are ignoring it because you are scared.
When ETH/BTC breaks diagonal resistance like this, it is not bearish.
It has never been bearish.
This kind of long term trend break is a very bullish thing.
I have been banging on about the mid cycle correction and comparisons to 2019/2020, and this is one of the biggest ones.
Since the ETH/BTC bottom, it has been 455 days.
Back in 2019/2020, ETH/BTC was in pretty much the exact same position after 455 days as it is right now, with a diagonal trend break.
You only need to look at the ETH chart and see where it was when this was happening back then.
Nothing about where we are within these charts is bearish.
You can either understand this now and get positioned...
Or you will be forced to chase later.
ETH5.80%
BTC4.04%
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