đš Ethereum Is Crushing Bitcoin And Momentum Says It May Not Be Over
Ether has been outperforming Bitcoin since early June, with the ETH/BTC ratio up 25% from its June low.
Now, a bullish golden cross has appeared.
đč The 50-day moving average has moved above the 200-day average
đč ETH/BTC has gained around 25% since June 6
đč The signal suggests Ethereumâs relative momentum could continue
đč But golden crosses are based on past price action, so theyâre not a guarantee of future gains
History is mixed.
Some previous ETH/BTC golden crosses triggered major rallies, while others turned into bull traps.
đ The trend is clearly favoring ETH right now.
The real question is whether this golden cross marks the beginning of a much bigger Ethereum-led rotation , or just another temporary burst of outperformance. đ
#dyor #NFAâ
Ether has been outperforming Bitcoin since early June, with the ETH/BTC ratio up 25% from its June low.
Now, a bullish golden cross has appeared.
đč The 50-day moving average has moved above the 200-day average
đč ETH/BTC has gained around 25% since June 6
đč The signal suggests Ethereumâs relative momentum could continue
đč But golden crosses are based on past price action, so theyâre not a guarantee of future gains
History is mixed.
Some previous ETH/BTC golden crosses triggered major rallies, while others turned into bull traps.
đ The trend is clearly favoring ETH right now.
The real question is whether this golden cross marks the beginning of a much bigger Ethereum-led rotation , or just another temporary burst of outperformance. đ
#dyor #NFAâ
