Let's directly discuss the current exchange rate situation of Ethereum today. At this moment, Ethereum is still hovering near the 4-hour moving average. However, as long as this key support level can hold, after the smaller time frames complete this round of consolidation, it is very likely to continue the upward sprint.
If the exchange rate of Ethereum against Bitcoin can rise again above the 0.04 mark, then Ethereum will have the opportunity to enter a catch-up mode, and it might even break through 3800. At that time, it could also bring a pretty good catch-up trend for altcoins. After all, Bitcoin has been shining in front for so long, letting Ethereum be strong is not too much to ask!
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