$ETH vs BTC just bounced off a 30-day low. Is the alt rotation starting? đ
ETH/BTC ratio:
âą Now 0.02912, +0.5% today
âą Today's low 0.02883 tagged the 30-day low (0.0288) and bounced
âą 30-day high was 0.03253, so ETH is still down ~10% vs BTC this month
âą 7 days ago it was 0.02950
Why it matters: ETH usually leads altcoins. When ETH/BTC turns up, money tends to flow from BTC into alts. When it makes new lows, alts bleed.
What to watch:
đą Ratio back above 0.0295 â a real rotation signal, good for $ETH and the alt market
đŽ Break below 0.0288 â new lows, $BTC dominance keeps winning
With 75% of ETH futures accounts long, a ratio breakdown could get ugly fast.
Team ETH or team BTC for the next month? đ
NFA
#ETHBTC #Altseason #CanMicrosoftDeliverOnAI
No Binance account yet? Sign up with my link and get 20% of your trading fees back: https://www.binance.com/register?ref=TGCSTKKM
ETH/BTC ratio:
âą Now 0.02912, +0.5% today
âą Today's low 0.02883 tagged the 30-day low (0.0288) and bounced
âą 30-day high was 0.03253, so ETH is still down ~10% vs BTC this month
âą 7 days ago it was 0.02950
Why it matters: ETH usually leads altcoins. When ETH/BTC turns up, money tends to flow from BTC into alts. When it makes new lows, alts bleed.
What to watch:
đą Ratio back above 0.0295 â a real rotation signal, good for $ETH and the alt market
đŽ Break below 0.0288 â new lows, $BTC dominance keeps winning
With 75% of ETH futures accounts long, a ratio breakdown could get ugly fast.
Team ETH or team BTC for the next month? đ
NFA
#ETHBTC #Altseason #CanMicrosoftDeliverOnAI
No Binance account yet? Sign up with my link and get 20% of your trading fees back: https://www.binance.com/register?ref=TGCSTKKM