$ETH vs $BTC the Bearish Divergence has been playing out, making Ethereum weaker in relationship to Bitcoin.

0.0359 has to hold as support because the price is trading inside this Rising Wedge Pattern and breaking down would Target 0.0333💙

The Daily chart is not looking as great either, 100 MA rejected the momentum around 0.037 and now $ETH is losing the 50 MA.

All this is making me cautious before i enter alts with more appetite. For this i need: daily close above 0.037, then i will add to longs when we flip 0.0385 into support. And finally, I will deploy proper sized capital once we start closing above 0.04-0.041.

That will be the proper true altseason. So far, caution is warranted.

(Stop Loss at Entry Price, this could explode up)