It has been down only (distribution) since merge. A couple weeks of sideways at .06. And now looking perhaps spring and test its accumulation range. If BTC is going to hold the 2017 ATHs and bullish chop its way back to 25k+ this Uptober, then what will ETH/BTC look like? I suppose it depends if you think the 2 weeks of sideways in this .06 region is a sufficient cause having been built to now take out Merge highs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.