They are highly correlated almost 1:1 since ETH made its big advance earlier this year. So my view is that ETH bottoms around the equivalent level as BTC. Bitcoin buy range of 3,000 - 3,150 implies an ETH buy range of about 200 - 217. I think 200 should hold based on the technicals and the importance of the 200 psychological level. Any dip below 200 is likely to be bought quickly.
They are highly correlated almost 1:1 since ETH made its big advance earlier this year. So my view is that ETH bottoms around the equivalent level as BTC. Bitcoin buy range of 3,000 - 3,150 implies an ETH buy range of about 200 - 217. I think 200 should hold based on the technicals and the importance of the 200 psychological level. Any dip below 200 is likely to be bought quickly.