Expert opinion: bullish #ETH

It is well known that Ethereum's price performance in the past 1-2 years has been relatively poor, lagging behind the overall market. When we compare the performance of Ethereum with Bitcoin, the situation becomes clearer.

On the weekly chart, the ETH/BTC graph shows a long-term rising channel. But since December 2021, the trading pair has been falling. Simply put, the price moved from the upper boundary of the rising channel to the lower boundary, and recently it seems to have approached the lower boundary. This means that Ethereum may perform better relative to Bitcoin in the future.

It should be noted that this does not mean that funds will be transferred from Bitcoin to Ethereum in large quantities, but that Ethereum may appreciate faster than Bitcoin. The conditions for this shift may be gradually maturing. #内容挖矿 Follow me! Get more expert opinions!