ETH/BTC Ratio Tanks 5%—Is This the Calm Before a Massive Surge or the Start of a Steep Crash?
This scenario will become even more likely if retail starts taking profits or exits early, expecting a breakdown that now might be unlikely.
What next for ETH?
In the short run, ETH might be looking weak versus BTC. Structurally though, it may be entering a zone where market psychology begins to shift. Traders get impatient as the number of positions get lighter, especially as the smart money starts building again.
With the press time support zone at around $3685 holding strong and bullish momentum accumulating, the $4K target milestone price level may still be within reach.
Post Comment