Diversifying into Ethereum

$ETH

The BTC move is working right now (https://732charts.substack.com/p/bitcoin-on-the-move). The move from my 31-32 area of interest to know continues to hold with $BTC currently hovering in the $37K range. Continuing to monitor, with the possibility of pulling some off closer to $40K.

But I’m looking closer at $ETH right here, having broken above 200 day, and AVWAPS of high/lows going back to 2021. Volumes are slowly creeping up, and a move towards the $2,500 range looks attractive on a risk/reward basis against the $1,915 price level.

The relative chart is also showing an $ETH bounce at a familiar level.