ETH/BTC - 6th January 2025 | @ 134 Days
'B' class signal detected in Ethereum vs Bitcoin. Running at an average wavelength of 134 days over 9 iterations since May 2022. Currently troughing
ΣL Cycle Summary
Ethereum has been in steady decline for the last few years against bigger brother Bitcoin, which has enjoyed far more attention as the original cryptocurrency. However this does not mean trading in Ethereum is a useless endeavour. Indeed the relationship between the two is neatly described within the underlying trend by this excellent, stationary cycle around 135 days average wavelength. This can help traders establish times at which to maximise yield in each. Defining ‘alt-season’, it has punctuated the larger downtrend with a greater clarity than any single cycle for Bitcoin and Ethereum has in isolation, save perhaps for the recently excellent 700 hour cycle in BTCUSD.
Troughing now with the next peak due mid March, more details below.