Ethereum Long Trend Analysis

BINANCE:ETHBTC   Ethereum / Bitcoin
The crypto market is maturing into a whole new asset class on its own right. As such it does follow its own internal cycles. Primarily driven by bitcoin and the alt season cycle. In the chart we observe 3 major trends in color. Subdivided in channels. Also please note the 1st December dates marked below. Indicating the start of outperformance of eth and other alts over bitcoin .