$ETH GAINING MOMENTUM — A “GOLDEN CROSS” APPEARED ON THE CHART
This is already starting to look interesting: since the beginning of June, Ethereum has outperformed Bitcoin in terms of returns by about 25%. And now, the technical picture is hinting that the move could continue.
But there is one important caveat.
A “golden cross” on ETH/BTC is far from a guarantee of a pump.
In 2021, after such a signal, ETH/BTC surged by about 93%.
But the 2022 signals turned into real traps for the bulls.
So the question now is simple:
Is ETH really preparing for a new surge against $BTC , or will history play a cruel joke again?
#G-Team
This is already starting to look interesting: since the beginning of June, Ethereum has outperformed Bitcoin in terms of returns by about 25%. And now, the technical picture is hinting that the move could continue.
But there is one important caveat.
A “golden cross” on ETH/BTC is far from a guarantee of a pump.
In 2021, after such a signal, ETH/BTC surged by about 93%.
But the 2022 signals turned into real traps for the bulls.
So the question now is simple:
Is ETH really preparing for a new surge against $BTC , or will history play a cruel joke again?
#G-Team
