Probably time to buy ETHBTC here. It got a 60% retracement. BTC looking weakish with Saylor uncertainty and BIP 110 drama. Lagging the recent market bounce off local lows. Robinhood chain can attract real liquidity which I bet drives a narrative shift for ETH as it's on Ethereum.
A trader suggests buying ETH/BTC due to a 60% retracement, weak Bitcoin caused by Saylor uncertainty and BIP 110 drama, and a potential narrative shift from Robinhood chain attracting liquidity on Ethereum.
Probably time to buy ETHBTC here. It got a 60% retracement. BTC looking weakish with Saylor uncertainty and BIP 110 drama. Lagging the recent market bounce off local lows. Robinhood chain can attract real liquidity which I bet drives a narrative shift for ETH as it's on Ethereum.
Further inspection into the $ETHBTC chart doesn't make for great reading. Each of the rejections have actually come from universal weakness with ETH struggling more. There have been 2 occasions of moderate BTC outperformance but it's always short lived. We're up against it now, but there's also s
Further inspection into the $ETHBTC chart doesn't make for great reading. Each of the rejections have actually come from universal weakness with ETH struggling more. There have been 2 occasions of moderate BTC outperformance but it's always short lived. We're up against it now, but there's also s