This is a gentle-natured “told ya!” Until recently, Ethereum ($ETH) was exploding higher. About a week ago, I suggested this relative outperformance was nearing its end, judging from this ratio chart, which was “bearish”, so to speak.
Or, if you prefer, the “bullish” reciprocal chart of Bitcoin grabbing its dominance back.
What I love about these ratio charts is that they provide perspective that normal charts simply cannot.
