All Eyes on Ethereum

Bitcoin dominance chart: Bitcoin is losing total market share, repeating a similar trend that occurred at the end of 2017 and the peak of the previous bull market and ‘alt season’.
ETH/BTC chart, breaking out after a 3-year base formation
Chart courtesy of Global Marco Investor. ETH following a similar adoption curve / price discovery as Bitcoin did. Should this play out then ETH will hit ~$20K during this cycle.
Crypto weekly performance: 7th May 2021. Source www.bitgur.com

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Auros

Auros

Auros is a proprietary crypto trading firm. We produce newsletters and thought pieces on all topics related to crypto.