What we want the most right now is for ETH to trend stronger than BTC, however, in recent days we only see BTC performing alone... After rising above $3.4k, ETH has now returned to the pig trough of $3.2k...
What we need is for this index to reverse and grow strongly like the period in 2021 when it continuously rose to nearly 0.09, while the current level is 0.036, which is still quite far, isn't it?
ETH represents the Altcoin we are waiting for. For the Altcoin season to happen, ETH must run to pull the money flow from BTC. At that time, you won't have to see BTC increase while your account doesn't increase, and if BTC goes sideways or decreases slightly, your account gets squeezed.
Hopefully next month we will soon see this index trending strongly upward again?
