If $BTC busts through all time high, $ETH is definitely going to go up in usdt terms. That said, you really want to check the ethbtc chart, which shows eth outperforming btc. we haven't seen this happen in years....still waiting.
Many good friends of mine are giga long eth and waiting for the catch up. I still think it's a bit risky to assume eth will outperform and I'd rather just buy it on the way up if it is actually happening. And if btc nukes or goes down, eth continues to underperform imo
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