When $BTC fell about 2.7%, ETH at one point dropped nearly 4.7%, with related liquidations totaling around $174 million.
Whenever the market starts to seek safety, ETH usually falls faster than BTC. The reason is simple: when investors really want to reduce risk, they tend to stick with BTC first, given its greater liquidity and stronger consensus.
If ETH can’t quickly reclaim 2,600–2,620 from around 2,570, this downtrend isn’t over yet.
BTC holding steady only means the broader market has temporarily stopped bleeding; it doesn’t mean ETH has turned bullish.
Whenever the market starts to seek safety, ETH usually falls faster than BTC. The reason is simple: when investors really want to reduce risk, they tend to stick with BTC first, given its greater liquidity and stronger consensus.
If ETH can’t quickly reclaim 2,600–2,620 from around 2,570, this downtrend isn’t over yet.
BTC holding steady only means the broader market has temporarily stopped bleeding; it doesn’t mean ETH has turned bullish.