Ethereum Token Surges: BTC Pairs Momentum Builds Amid Correction
The Ethereum token has shown signs of building momentum in its pairs with Bitcoin. A weekly bullish divergence setup is evident, even as the market experiences a correction phase.
Ethereum's price chart displays a clear weekly bullish divergence pattern despite the current correction. According to @CryptoMichNL, Bitcoin pairs are expected to accelerate soon and confirm this pattern.
Traders tracking BTC correlation and Ethereum signals now watch for the next leg higher in this momentum scenario. This bullish setup suggests that Ethereum's price may be due for a significant increase.