Bitcoin vs Ethereum — $100,000 vs $3,333

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Bitcoin vs Ethereum — $100,000 vs $3,333Bitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaThere is a huge difference between Bitcoin and Ethereum. Ethereum peaked 17-April while Bitcoin did so 6-May. Ethereum reached as low as 29-March on its retrace. Bitcoin at the same date is trading much, much higher. The low 29-March on BTCUSDT has a price of $65,000. The current low stands $72,512. Ethereum looks stable and ready to resume growing above $2,000. (It is not about the previous low nor the consolidation range but the price.) Bitcoin looks really good and ready to resume growing above $70,000. Can it go lower? Sure. A retrace can continue for several days, it wouldn't change much. What to make of this difference between Ethereum and Bitcoin? I think it doesn't have much relevance because both projects remain far away from the main support zone, the 6-February low. As long as this low remains unchallenged, consolidation is consolidation. Any type of price fluctuations is only noise. Looking too close won't help. Zoom-out, what do you see? A bearish wave that is intensifying, or the end of a retrace? Do you see a retrace on Ethereum or sideways? Bitcoin does have a retrace but only because it moved higher. Lower is possible, but the bigger picture is saying up. When Bitcoin reaches $100,000, Ethereum will be trading above $3,333. Thanks a lot for your continued support. Namaste.