8/20 Summary of the historical rules of the ETH/BTC exchange rate. How to confirm the bull and bear market and discover the outbreak season of copycats?

BTC and ETH, the two largest cryptocurrencies by market capitalization in the world, have been moving in tandem for most of 2022. This positive relationship has weakened this year. There are very few exchange rate analysis of ETH/BTC in the market, and novices don’t pay much attention to this area. Especially this year, most of the copycat one-day tours have no continuity and have no money-making effect. very bad.

If you have been in the blockchain industry for a long time, you will definitely have questions about when the bull market will arrive (it has been analyzed in detail before, and those who are interested can check it out). How to find the copycat outbreak season? The market is unpredictable, and it is not advisable to seek for a sword at the same time, but it is not a bad idea to summarize history and discover patterns. The market is always right. No matter how powerful the prediction and analysis is, it is just the icing on the cake for trading. "Light on prediction, focus on countermeasures."

Summary of the rules of the ETH/BTC exchange rate since August 2015.

1. In the bear market, BTC is more resistant to falling than ETH. This year, the market is sucking blood. The intensified risk aversion of bank bankruptcy has also caused the market to double. Previous articles have also analyzed that the decline of BTC in the bear market is 78-94%, while the decline of copycats is generally 95 even returns to zero.

2. A possible trend is that after the bull market BTC reaches its peak, the magnitude of ETH’s compensatory increase will become smaller and smaller.

3. In the long-term bear market cycle, wait for ETH/BTC to come out of the bottoming form. ETH on the right side is an investment opportunity with a relatively high winning rate. After the ETH/BTC exchange rate formed a head-and-shoulders bottom form from 2019 to 2020, it began to show a bull market.

4. The right side of the ETH/BTC exchange rate confirms the bull market and bear market of the crypto market, and after the peak of the bull market in 2021, ETH/BTC fell back from the top, it was declared over.

Using ETH/BTC to predict the top and bottom cannot be very accurate and can only be roughly predicted, and what I have sorted out and analyzed is only my personal opinion and prediction for reference only. If there are any mistakes, please correct me. I hope it will be helpful to the majority of traders...$BTC $ETH $USDC #美联储是否加息？ #fdusd