$ETH equals $BTC now 0.03215. In the past 24 hours, $ETH is +0.48%, and $BTC is +0.07%; the difference versus the same period is 0.41 percentage points.
On the contract side, the funding rate for $ETH is 0.0057%, and the longs are paying to keep positions open.
With such a small gap, it means this round of money didn’t really change hands among the mainstream players; the two likely moved together and will likely stop together as well. In this kind of market, I usually don’t rush to act—I wait for it to become clear on its own.
$ETH $BTC #Ethereum
On the contract side, the funding rate for $ETH is 0.0057%, and the longs are paying to keep positions open.
With such a small gap, it means this round of money didn’t really change hands among the mainstream players; the two likely moved together and will likely stop together as well. In this kind of market, I usually don’t rush to act—I wait for it to become clear on its own.
$ETH $BTC #Ethereum