Using GOLD for showing correlation for the ETH movement. We are right now very correlated @ 0.90 and this suggest we should see pressure further on ETHUSD. Likely we will move towards a test of $ 1,750 before we may see some pause.
The overall view is we will decline further to $ 1,250 in the medium-term.
The overall view is we will decline further to $ 1,250 in the medium-term.