Get started

Ethereum-bitcoin

BTC Leads, ETH Follows: New ATH Ahead?Bitcoin Leads, Ethereum Follows: Will History Repeat This Bull Run? During the 2020 bull run, Bitcoin (BTC) reached its all-time high (ATH) of $20,000 while Ethereum (ETH) lagged behind, trading at just $600. When BTC surged to $42,000 (more than doubling its previous ATH), ETH gained momentum and broke its previous ATH of $1,400. Historically, Bitcoin has always led the market during bull runs, with altcoins like ETH following once BTC enters a long consolidation period. This pattern seems to be repeating. When BTC recently hit a new ATH of $73,000, ETH was trading at $3,200. If BTC begins another consolidation phase at $100k, we can expect Ethereum to push towards a new ATH, alongside strong bullish moves in other altcoins. As history shows, Bitcoin's consolidation often serves as a catalyst for Ethereum and altcoin rallies. BINANCE:ETHUSDT BINANCE:BTCUSDT CRYPTOCAP:ETH CRYPTOCAP:BTC Regards Hexa
BITSTAMP:BTCUSDLong
by HexaTrades
Ethereum (ETH) - Crabs remain in control!It remains anemic. For me it is not a trading zone and should be treated with caution. As it keeps making lower highs and trend is down on the daily Weekly is holding by a thread. Take action if it breaks below Below 2,300 = Red button. ------ Most altcoins look like this. Only a few are still somewhat attractive, but unless this low holds. I see no reason to blindly bid on “support”. __________ Safest entry above $3k. Treat everything as resistance until that level is recovered.
BINANCE:ETHUSD
by ZelfTrade
ETHUSD Potential for a channel breakoutETHUSDT has been consolidating since the beginning of the month, forming higher lows, indicating increasing buying pressure. On the weekly timeframe, the formation of a double bottom signals a potential reversal. While the market may continue to consolidate, it's likely to establish a range just below the channel border before a potential breakout. If the market breaks and closes above the previous week's high, we can anticipate further upward momentum. The target for this move is the resistance zone around 2597.00, signalling a shift toward a bullish trend
COINBASE:ETHUSDLong
by RTED_Investing
1
Is ETHBTC Pair Turning Bullish?ETHBTC pair can be turning bullish, as we see strong rebound after a completed corrective decline by Elliott wave theory. We talked about ETHBTC pair back on May 14th, where we mentioned and highlighted the completion of an (A)-(B)-(C) corrective setback with the wedge pattern within wave 5 of (C). As you can see today on July 05, ETHBTC pair bounced from projected 0.045 support area, which can be signal that it’s turning back to bullish mode, especially if breaks back above 0.061 region. Regarding dominance in the Crypto market, ETHBTC chart can be one of the reasons that ALTcoin dominance may kick in soon, so new ALTseason could be around the corner.
Long
by ew-forecast
2
Ethereum vs. Bitcoin: Diverging Paths of Long-Term HoldersThe behavior of long-term holders is a key indicator for understanding where we are in the market cycle. Here’s why : As prices rise, long-term holders start selling the assets they’ve accumulated over time. Historical data shows that this profit-taking usually begins in the early stages of a bull market and continues past the cycle peak. Monitoring this activity can help estimate market peaks with greater accuracy. Given Bitcoin's significant influence over the rest of the market, it is often the most straightforward asset to use for measuring these cycles, as other cryptocurrencies tend to follow Bitcoin’s lead. However, examining this data for Ethereum reveals an intriguing divergence. While long-term Bitcoin holders began selling in January, long-term Ethereum holders have continued to accumulate. This contrasts sharply with their behavior in the last cycle, where it closely mirrored that of Bitcoin holders. The reason for this shift? Numerous yield opportunities have emerged for Ethereum, making it more profitable to hold. Currently, 27.5% of the total CRYPTOCAP:ETH supply is staked, with 16.3% of this staked ETH being restaked through protocols like Eigenlayer. This highlights the strong appetite for native yield among ETH holders. Additionally, long-term holders may be waiting for the Ethereum ETF approval and new all-time highs before deciding to sell.
CRYPTOCAP:TOTAL
by IntoTheBlock
1
ETH/BTC REVERSAL?Could we finally see a breakout of the downtrend channel now that ETHBTC has bounced off the range bottom? Bullish scenario: If we see a breakout of the trend channel and new HH & HL then ETH could finally be ready to move up after the approval of the ETH ETF's. Bearish scenario: If the range low is lost and price is excepted at those levels then the downtrend continues... I do think the general market did not expect an ETF approval so soon and so the inflows we saw for BTC were just not ready to capitalise on the ETF.
by ProR35
Massive Drawdown or Rally vs Bitcoin AheadEthereum is about to lose most of its value vs. Bitcoin, or gain near equal footing with it instead. What are the scenarios, and why? Bear Scenario: Lost a 7.2 year uptrend - failed to reclaim on re-test, failed to touch bottom of trend on re-test. 50/200 week MAs Death Cross Remain below on any further possible re-tests, expect ETH to lose >90% its value vs BTC Bull Scenario: Fake Breakdown - 7.2 year uptrend is reclaimed upon testing the 200 week MA following the death cross. This leads to a breakout at the other end of the wedge. A fake breakdown leading to a breakout at the top of the wedge would target ETH becoming near equal in value to 1 BTC
by dudebruhwhoa
💎 ETHEREUM (ETH) - Investment Opportunity (READ THE CAPTION)Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow back to its previous high of $4850. The long-term targets for Ethereum, in order, are $5000, $5500, $6600, and $8500. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1