Although the main upward trend of ETH has not yet arrived, it has relatively strengthened. The strengthening of ETH is beneficial for its ecosystem tokens and even for the overall altcoin market. #ETH投资

The above article talks about (Qingmei Zhubi: The relationship between the start-up time of altcoins and Bitcoin), this article specifically talks about Ethereum.

First of all, ETH’s main uptrend has not yet arrived.

The overall ETH market is still running below the downward trend line. Only after breaking through 3700 and stabilizing can the market open up upward space.
Secondly, the daily line of the ETH/BTC exchange rate showed a bottom divergence again.

The MACD line of the ETH/BTC exchange rate oscillates below the 0 axis to form a golden cross + bottom divergence, so the probability of the ETH/BTC exchange rate bottoming out increases.

Thirdly, a bullish head and shoulders bottom pattern appeared in the ETH/BTC exchange rate at the hourly level.