It's interesting to note that the Chinese Yuan is breaking out upwards.

That's a bullish signal for the business cycle.

As history often rhymes and repeats, the bottom for $ETH / $BTC was correlated with the bottom on the Chinese Yuan in April.

As the Chinese Yuan is breaking upwards, it's likely to expect that we'll see a strong upwards breakout on $ETH as well.

#USGDPUpdate #USCryptoStakingTaxReview #USJobsData #BTCVSGOLD #CPIWatch