Bitcoin is Lagging, Ethereum is Leading - Here's Why | askSlim FutureSpeak

Finally, we'll shift over to crypto, which is what I see as one of the more interesting setups here. Now, we are seeing clear lagging behavior in Bitcoin relative to ETH. So, something to be aware of. 6:15 to 7:27. Always be aware in a group who is lagging who and who is leading, right? So, there is, however, still a low that is due. RSI is still down. The overall cycle structure is minorly negative, not significantly so, but minorly. Short-term, down, forming the base, right? So, you're still in base building period here for Bitcoin. If this can start to clear these old highs, then that would get more interesting. 67,790. And if it doesn't end up moving up there, you could see a fairly quick move towards 71, let's just say 200 to about 74,200 in Bitcoin. Now, ETH is clearly leading. You can see that the RSI has turned up, right? So, still a lower low versus the old low, but you could easily see the 61.8 on ETH on the weekly right around that 2100 area. Short-term, a left-hand translation, but look at the overall behavior, right? Harder down suddenly, got a rally one final move towards lows, right? And then went into that base building. This is all part of the larger base building process that's happening in ETH and that has been happening. We have finally cleared that to the upside through 1850. So, we are looking for a move towards 2001 to right around 2106 here in ETH. So, RSI is positive. Slim ribbon turning neutral. Look at that trend roll up. EMAs were down, EMAs turned up, buyers stepped in at the EMAs, you got tight right there on 79 and then you started to move up and out from that key upside pivot, right? That's really important action to be aware of, but see how that formed, right? Finally formed the low, got back to the highs, got tight on that right side, and then they're now trying to turn back up. So, clearly a shift that is happening in ETH to the upside.