Monday 7 June 2021

Ethereum: Cautious Because of Bitcoin

The price of Ethereum still seems somewhat precarious as Bitcoin still sits well below the 20W SMA. While I remain bullish on Ethereum for the duration of the market cycle, I remain cautious in the short-term because of Bitcoin's current price action. In this video we discuss the current market conditions and why we may be getting some decisions on price direction this coming week. TA Video by Benjamin Cowen.