hey everyone and thanks for jumping back into the cryptoverse today we're going to provide a comprehensive outlook on ethereum if you guys like the content make sure you subscribe to the channel give the video a thumbs up and also check out the telegram channel which you can find a link to in the description below we also do have the premium list into the URL_TOKEN let's go ahead and jump in now we do like to provide these overarching outlook videos on the asset you know the assets of our choice very frequently okay and i just did one on bitcoin a few days ago and i think it's important to provide one on ethereum now ethereum this market cycle has been about as resilient as i've ever seen it and that might sound like a surprise considering there are phases last market cycle where it went up NUMBER_TOKEN against bitcoin before it before it drops but the reason why this cycle is is more impressive to me so far is that and this is what we talked about back in NUMBER_TOKEN again when we first started talking about it the ethereum bitcoin valuation has just been on a steady and slow climb to the upside with periodic moves the downside along the way but again you have to expect that you're going to get these periodic moves and we have followed this every step of the way i mean if you guys have been following the channel we started following this move way back over here in september of NUMBER_TOKEN. if you go back to my channel and go to the oldest video on it it's ethereum timing the long term momentum shifts september NUMBER_TOKENth NUMBER_TOKEN and we were talking about the ethereum bitcoin valuation back then and how this is timing the ethereum bitcoin long-term momentum shift because we have been in a downtrend for so long and we were looking for okay it seems like we're getting to that long-term momentum shift in the ethereum bitcoin valuation and the speculation back in NUMBER_TOKEN is that it's just going to generally trend up with time it's going to generally trend up with the market cycle so we came out we came up with our cycle outlook our cycle theory the idea that the cycle should theoretically extend well beyond NUMBER_TOKEN but there's no reason bitcoin needs to go to NUMBER_TOKENk by NUMBER_TOKEN and that the cycle should in fact lengthen and that during that time ethereum should methodically trend up against bitcoin okay and and and it should trend up against bitcoin because if we have ethereum in our portfolio it is arguably more risky than bitcoin especially from like a regulatory perspective i i think ethereum provides a ton of value it's a blue chip but i would say it's slightly more risky than bitcoin therefore you should expect higher returns if you don't get higher returns for a riskier asset then you have to question why you hold that asset so ethereum has done just what we want it to do we take on slightly more risk than than we do with bitcoin and it's been giving us so incredible returns okay now ethereum hasn't given the types of returns that some all coins have given but ethereum is a blue chip and it is generally turning up with time and for the duration of the market cycle it has stayed very strong against bitcoin with two or three month windows where bitcoin outperforms so with that said let's let's talk about where we are today because we've certainly come a long way since the valuation was
START_INTERACTION_TOKEN guys like the content make sure you subscribe to the channel give the video a thumbs up and also check out the telegram channel which you can find a link to in the description below we also do have the premium list into the URL_TOKEN let's go ahead and jump in END_INTERACTION_TOKEN