Given Bitcoin's current price below the 20W SMA, it puts the price of Ethereum in a somewhat precarious position. So far, Ethereum has remained fairly strong and is rallying back up amidst Bitcoin's bounce. Can Bitcoin continue the rally back above the bull market support band? Or will it ultimately fail, sending the entire market to lower prices? In this video we simply give an update on where the price of Ethereum currently stands, and what to be on the lookout for as we continue to navigate this market cycle. Video by Benjamin Cowen.
