As analysts weigh the Bitcoin bear market case, Ethereum is “about to become parabolic” to Bitcoin by Cointelegraph

© Reuters.

Ethereum’s Ether (Ethereum) Will launch a “parabolic” attack on BTC to break all-time highs, an analyst believes.

1-month candlestick chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro with Transaction view It shows that ETH/BTC is close to a three-year high-but its next move should be even stronger.

ETH/BTC 2-week annotation candlestick chart (Binance).Source: Galaxy/Twitter
1-day candlestick chart (Bitstamp). Source: TradingView
Crypto fear and greed index. Source: Alternative.me