This is a very simple chart. Broken support, broken trend, retest of broken trend. This may lead to a downtrend in ETH dominance, but not downtrend in ETH price as we are in a bull market. this is bad news for ETH moonboys waiting for this asset to overtake BTC in market cap value. markets are irrational, so this chart could be invalidated anytime soon if dominance breaks above both trend lines, but for now i don't see it.
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