We provide a comprehensive update on the current valuation of Ethereum. We take a look at the downside and the theoretical upside potential over the next few months. The current ETH/BTC valuation is still relatively bullish, as it is above the 20W SMA and back in our macro-level uptrend channel. The immediate direction of ETH/BTC partially depends on if Bitcoin immediately enters price discovery. Where do you think the price of Ethereum is going? Let me know in the comments!
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Disclaimer: The information presented within this video is NOT financial advice.
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