BTCUSD/ETHUSD side-by-side comparisonBTCUSD and ETHUSD are in similar places in terms of wave structure from their 1 May 2024 lows. Each have two impulse waves up and consolidation-like price action after their late May highs. It is possible that price goes up from here, but I think it more likely that each completes an impulse C wave down to complete flat structures.
If confirmed, bulls should be interested in ETHUSD below 3521.24 and above 3200.