Benjamin Cowen
ALTs are now down 43% against ETH since ETH went home. ALTs will likely continue to bleed again...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Altcoins are currently down 43% against Ethereum since ETH's recent rally, and are expected to continue underperforming ETH in the short term. The charts show Altcoins were rejected at a key resistance level against ETH, similar to the previous cycle. Investors should consider Ethereum as a better risk/reward play than most Altcoins for the immediate future, as Altcoin/BTC pairs are unlikely to rise unless ETH/BTC gains first.

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About Benjamin Cowen
Benjamin Cowen

Benjamin Cowen

By intocryptoverse

CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8