Ben Cowen anticipates major shifts for ETH/BTC and Bitcoin prices by 2025, highlighting the psychological challenges traders face in the cryptocurrency market.
ETH could shoot up soon! Experts predict the ETH/BTC ratio climbing to 0.04 by January 2025. Ethereum whales are loading up on Remittix (RTX), stirring excitement for a potential bull run.
Ethereum is encountering significant resistance within its ETH/BTC pair as it navigates fluctuating market dynamics and remains volatile, trading around the $3,000 range.
Ethereum is showing signs of a bullish trend reversal against Bitcoin in 2024, capturing traders' attention.
ETH/BTC chart suggests an impending altcoin rally, with Solana potentially spearheading the momentum.
Despite Ethereum's perceived underperformance and multi-year lows in the ETH/BTC pair, analysts suggest on-chain metrics indicate bullish potential for ETH.
An Ethereum whale from the Satoshi era began selling after holding for 8.5 years, making a 446x profit as ETH/BTC pair hit its lowest level.
Cryptocurrency expert Zero IKA discussed altcoin and memecoin concerns, highlighting ETH/BTC trends as indicators for altcoin strength. He also mentioned three bullish altcoins.
The crypto market experienced a significant upswing, reaching a market cap of $2.75 trillion. Ethereum (ETH) led the rebound with a 20% increase, highlighting an active crypto cash rotation.
The ETH/BTC ratio has hit a three-year low, with analysts attributing the decline to waning interest in Ethereum as Bitcoin's ETF hype draws altcoin investors. Meanwhile, Bitcoin's price surged to $66K amid favorable U.S. inflation data, but Ethereum didn't capture similar investor enthusiasm.
Tuur Demeester highlights Ethereum’s multi-year downtrend in value relative to Bitcoin, with the ETH/BTC ratio falling over one-third in two years, despite Ethereum's transition to proof-of-stake.
Benjamin Cowen analyzes the downtrend in the ETH/BTC pair, warning of possible further declines. He notes the pair's rejection by the bull market support band and parallels with previous market cycles. Despite the shift in performance between Ethereum and Bitcoin, Cowen predicts ETH/BTC could drop to $0.03-$0.04 by summer.
The cryptocurrency market is seeing a downturn with ETH/BTC experiencing a sell-off amid concerns. ETH gas fees are at a 6-month low, institutional outflows persist, and BTC ETF flows slow, potentially pausing before further action. Significant discussions include ETH's security status and potential airdrops, while some wallets start blocking US users.
Crypto investor Daan Crypto Trades argues that the ETH/BTC ratio, rather than SOL/BTC, is a more accurate indicator of altcoin market sentiment, potentially signaling the start of an altcoin season. Daan references on-chain data and market analysis to support this theory, including an observation of altcoins trading below their realized value.
Ethereum's price downturn and a decreasing ETH/BTC ratio have led to $100 million in liquidations, ensnaring aggressive ETH buyers despite widespread cryptocurrency market corrections.
Analysts warn of an impending 'death cross' for ETH/BTC, indicating potential future declines as the pairing falls below a key support level.
