ETH/BTC seems to have bottomed out

As we have seen in the previous two cycles, the ETH/BTC exchange rate will habitually decline or even hit a new low before the halving, but will rise violently in the following months. In the 2016 halving, the exchange rate rose from about 0.015 before the halving to 0.15 (11 months); in the 2020 halving, the exchange rate rose from about 0.024 before the halving to 0.08 (12 months).

Judging from various social media, ETH has been regarded as a "soft egg" in the past month, about to be surpassed by SOL, and the second place position is no longer secure. The bearish sentiment in the market seems to have reached an extreme.

Others are afraid of me, but I am greedy. In the past two days, I feel that Ethereum seems to be brewing a market to prove itself, and yesterday's performance looks like a preview.

There is nothing new under the sun. The halving is 12 days away. Combined with the old money in this cycle that is pushed by ETFs, there is a trend of running ahead of time. At present, ETH/BTC seems to have bottomed out. Gradually laying out and holding to ETH's new high should have a good harvest.

Here are some strategies:

1. Buy $ETH spot, hold for a long time, and target 7000-8000 (corresponding to 100,000 dollars of BTC and 0.08 exchange rate);

2. Buy ETH spot, transfer to full/period leverage account, long ETH/BTC exchange rate at 10x/5x, and hold until the exchange rate reaches 0.08 or even higher;

3. Buy BTC spot, long ETH/BTC exchange rate in contract account, and the target price is still around 0.08.

You can choose freely according to your risk preference, but in any case, holding spot and long exchange rate is the best posture in the bull market. It is the kind of eating and taking.

FYI: ETH/BTC历史复盘