#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