Factors to consider.
- Next to run up after BTC? Everyone's focusing on Bitcoin.
- ETH no attention yet.
- Still below All-time highs. Nearing weekly base. Extended on the daily like all other cryptos, but a better R/R than others.
- Digital oil
- Institutional allocation
- CME to launch futures on 8th Feb 2021.
- Grayscale ETH
ETHENote
CurrentBTC market cap : $740Bn
ETH market cap : $145Bn
Dec '17 peak
BTC market cap : $235Bn
ETH market cap : $130Bn
ETH has to 2.5X just to match up to that ratio.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.