We have seen how BTC-Dominance is dropping, and ETH-Dominance is increasing. Historical seen it has been a sign of an incoming altseason and Bull Market.
Bitcoin has fooled everyone - even the sharks, and might now go into a Parabolic Bull Run like in 2017 - and it seems like, that Ethereum is following. Not only from a TA-perspective things are looking Bullish, but the overall Market Sentiment is looking extremely bullish.
Short term ETH will drop to my red box, but hereafter we will most likely go up again. The whales have changed their plan, and there migtht not be a reason to make a new low, if its easier to bait retail investors into the market now and buy up.
So everything is definitely looks very bullish right now!
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