
While Bitcoin (BTCUSD) often hogs the spotlight as the "digital gold" of our time, Ethereum (ETHUSD), which I track via exchange-traded funds (ETFs) like Grayscale Ethereum Staking ETF (ETHE), has spent the better part of the last year getting passed over. Oh, the price swings have been dramatic, even more so than that of Bitcoin.
But in the wake of the Iran war, crypto technical charts, while not my favorite investing subject, are starting to show what I call “signs of intelligent life.” Here are the charts and the associated real-world case for a temporary rally in ETHE.