ETH heading close to $3600 pre-ETF on this relief rally

Still believe ETHBTC will be down for a while after ETF approval/launch

BTC stronger than anticipated in the face of poor market structure dynamics leads me to believe that there are likely some unannounced major developments being front-run. Potentially:

- Major new market entrants (Dell?)

- China softening of crypto policy/ETF introduction

- Other major Nation-state level moves towards embracing BTC (USGov?)

If so, then we may have bottomed at my initial estimate of low $50ks and invalidated on revised estimate of $40ks

Most alts still stand to only make lower highs on this rally, with the exception of few strong memecoins (Mog, Popcat, Apu)