$ETH USDT & BNBUSDT - The Majors Lagging
Market Overview: ETH (+12.17%) and BNB (+1.82%) are underperforming against SOL and the smaller caps. This is classic "altcoin season" rotation where money flows from the #2 and #3 majors into higher-beta plays.
Key Levels (ETH):
· S1: 3,500, R1: 3,650
Key Levels (BNB):
· S1: 585, R1: 610
The Next Move: They are likely to chop until Bitcoin makes its next decisive move. Watch for a catch-up rally if alts cool off.
Trade Targets:
· ETH: TG1: 3,650, TG2: 3,750
· BNB: TG1: 610, TG2: 625
Short & Mid-Term Insight: Short-term consolidation. Mid-term still bullish as fundamental leaders. Their turn will come.
ETH
2,976.67
+0.36%