ETH Pattern | SOL | All Time High for ETH in SIGHT
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Solana has recently made a new ATH - and, surprisingly BEFORE Ethereum.
This cycle shows to be different than the previous alt cycle, where ETH leaded SOL. Currently, what we're seeing in the weekly timeframe is a clear bullish pattern on Ethereum - the bullish inverses Head and Shoulders Pattern.
It's likely that the liquidity from SOL may move into ETH, together with other alts in the TOP 10 category by market cap. This means, that top10 alts may drop - and ETH sees an increase towards a new ATH.
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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.