Relative strength of Ethereum over Bitcoin
Updated
It might be a stretch to do technical analysis on a ratio of two individual cryptos, but I have been interested in the ratio of ETH/BTC from a fundamental perspective with the premise that 
ETH is more functional going forward. There has been an odd behavior that I don't understand with a character of quick increases followed by 1-2 month linear decays. This character might be resolving soon as ETH reaches a higher relative strength of coming out of this last correction.
A look at the weekly also points to higher relative strength ofETH returning.
ETH is more functional going forward. There has been an odd behavior that I don't understand with a character of quick increases followed by 1-2 month linear decays. This character might be resolving soon as ETH reaches a higher relative strength of coming out of this last correction. A look at the weekly also points to higher relative strength of
ETH returning.Trade active
Nice ETH/BTC relative strength move. Trade active
Interesting that the previous high of the ratio in 2017 nominally coincides with ETH cap parity with BTC (cap parity ratio is about 0.159)
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