$ETH chart's bearish RSI+MACD Divergence#eth #ethereum has formed the divergence in lower time frame. Sudden dump and pumps are expected till the ETF approval decision and later. Not financial advice.by naphyse0
$ETHBTC chart's falling channel#ethereum against #bitcoin chart, #ETHBTC has reached top of the channel before ETF approval. Volatility will be insane.Shortby naphyse0
#ETH & #ETHBTCI believe ETHBTC will find a definite bottom on the neckline of the previous IHNS shown in the chart, also for ETHUSD it seems we are starting our engines! All good and according to plan until we have a close under 2850 (invalidation)Longby dollarprinterx0
Calling the ETHBTC bottomAs of writing this ETHBTC is trading at .4508 Current arena - Ethereum was once the future of finance, however other sybil friendly VC chains have front ran it on crypto's greatest value proposition of creating rug pulls with dogs on them. Technicals - On a monthly timeframe ETHBTC has just completed it's first death cross . And has dumped front running this event. Narratives - The new prominent narrative of "Liquidity will not find it's way out of the Bitcoin ETFs" convinces me this is the bottom. A rounded bottom or V shape is possible depending on narratives surrounding the ETFs. Longby limit_buy_69Updated 1
ETH/BTC Ratio Slumps 30% as Bitcoin Flexes Market MuscleThe Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year, the ETHBTC pair has shed an unsettling 30% of its value. Year-to-date losses are also concerning, exceeding 11%. These figures paint a worrying picture for Ethereum, raising questions about its future trajectory and potential to dethrone Bitcoin as the leading cryptocurrency. Several factors are likely contributing to this trend: • Bitcoin's Narrative Strength: Bitcoin continues to hold a strong narrative as "digital gold," a scarce, hedge-like asset favored by institutional investors seeking a store of value. This perception fuels its price stability and market dominance, particularly during periods of economic uncertainty. • Ethereum's Inflationary Concerns: Unlike Bitcoin's capped supply, Ethereum's issuance is not limited. This "inflationary" model has caused anxieties among some investors, who worry about potential price dilution in the long run. • The Ethereum Merge Looms: The highly anticipated Ethereum merge, transitioning from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, is still under development. Delays and uncertainties surrounding the merge's impact on Ethereum's scalability and efficiency might be keeping some investors on the sidelines. • Regulatory Landscape: Regulatory scrutiny surrounding the cryptocurrency market remains a concern. While clarity on regulations could benefit the entire industry in the long run, the current uncertainty might be discouraging some investors from entering the Ethereum market. • Alternative Layer 1 Blockchains: The emergence of alternative Layer 1 blockchains like Solana and Cardano offering faster transaction speeds and lower fees could be siphoning off some investor interest away from Ethereum. Is This the End for Ethereum? The current situation doesn't necessarily signal the end of Ethereum. It's crucial to remember that the cryptocurrency market is still young and highly volatile. Here are some reasons for optimism regarding Ethereum's future: • The Potential of DeFi: Ethereum remains the dominant platform for Decentralized Finance (DeFi) applications, a rapidly growing sector with immense potential to disrupt traditional financial services. Continued DeFi adoption could significantly boost Ethereum's utility and value. • The Merge's Promise: A successful merge to PoS could address scalability concerns and enhance Ethereum's environmental sustainability, potentially attracting more environmentally conscious investors. • Developer Ecosystem Strength: Ethereum boasts a robust and active developer ecosystem constantly innovating and building dApps (decentralized applications) on the platform. This strong developer base is a crucial asset for Ethereum's long-term growth. Looking Ahead: A Shifting Landscape The cryptocurrency market is constantly evolving, and the relationship between Bitcoin and Ethereum is likely to remain dynamic. While Bitcoin may retain its "digital gold" status for the foreseeable future, Ethereum's success will hinge on its ability to address scalability issues, deliver on the promises of the merge, and maintain its dominance in the DeFi space. Investors should carefully consider their risk tolerance and investment goals before making any decisions. Both Bitcoin and Ethereum represent high-risk, high-reward investment opportunities. A diversified portfolio across established and emerging cryptocurrencies might be a prudent approach for navigating the ever-changing digital asset landscape. Shortby bryandowningqln3
$ETH price against $BTC is almost ready to move on#eth / #BTC pair is moving in the descending channel and nearing to see a local bottom. If price takes action there #ethereum price will likely overperform #bitcoin for a while. Not financial advice.Longby naphyse2
Can ETH Outperform BTC?ETHBTC is one of those charts, which can be telling us that volatility is near. Loking at the daily price chart, it can be actually finishing a larger (A)-(B)-(C) correction, currently seen in final stages of the wedge pattern within subwave 5, with ideal swing zone here around channel support line , 0.045 – 0.040 area. So, as we have been talking about for a while, BTC.dominance might slow down and ALTcoins may kick in, so ETH may try to catch Bitcoin soon. Just keep in mind that the first bullish evidence for ETHBTC is only above 0.061 region.Longby ew-forecast5
Ethereum to shutdown in this bull market?In the “Alt-coin market preparing for a 10x move” idea (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens” MATIC, ALGO, LTC to name a few.. as expected not all legacy projects are enjoying the multiple x gains so many in the space have seen. Ethereum has currently printed a 78% return on the dollar pair since the statement above while others like Solana are up 1200%. In fact many tokens have printed a 10x return since that time. Despite all this the bullish outlook held by Ethereum fans is steadfast as it is loyal. The bitcoin pair ratio of legacy projects, that includes Ethereum, is a significant reason for knowing why a group of tokens would fail to participate in the current bull market. On the above monthly chart the Ethereum/Bitcoin (ETH.BTC) pair has confirmed failed support after seven years of uptrend. This is significant. The confirmation was made on the close of March with whole body monthly red candle printing outside the channel. The bear flag that preceded this breakout forecasts a 80% correction in the ETH.BTC pair. On the weekly ETH.btc pair (below) a weekly death cross is almost certain to print. Price action on this pair corrected 60% on the last cross in June 2019. You think this time is different? Ww Alt-coin market preparing for a 10x move Weekly ETH.BTC Death cross by without_worriesUpdated 161618
ETHBTC outlooklooks dumpy, a good time to leave markets until back at IFVG levels for a higher low.by ellyn21210
$ETHBTC HAS BOTTOMED ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season. Longby drcrypto14Updated 5
The Looming Crash: What's Next for #ETH?Should we be concerned? The 60 EMA is approaching a cross with the 200 EMA on the weekly chart for #ETHBTC. If it breaks below the 200 EMA, ETHBTC may experience a drop of approximately 25% Shortby tobtctrading225
Alarm for ETHBTCIt seems that ETHBTC has lost a static support and a dynamic support and reached 0.04664 from 0.08592 in 5 waves Elliott. I expect an upward corrective ABC patern to 0.05779 (equivalent to a pullback to the lost dynamic trend line) and continue the correction. On the other hand, from the point of view of NDS, all the movement in the weekly time could be the movement of ND and the second negative hook after that was completed on 2022-sep-07. From Ichimoku's point of view, it seems that there is an expectation of further correction in the weekly time. and ETHBTC lost the Important Moving averagesShortby farahmeh1
Etherium and Bitcoin DominancePosted for a Commentor Agree btc is looking dominate Shortby Tracking_Technicals1
ethbtcI think it's time for the altcoin market to start moving with the market leaderLongby king-off-crypto3
ETHBTC Still has more to fall.Charts always tell a story. Not familiar with the fundamentals of ethereum at this moment but expecting another %30 correction from here before i long eth/btc.Shortby doggyhouse481
The Eth/Btc Chart No One is Talking AboutI want there to be an altseason, I want a ton of alts to fly to the moon and have a crazy fun time. ETH/BTC has broken under a trendline from 2019, never even managed to make it back to it's 2017 highs in the previous cycle. I don't understand how someone can look at this and not worry for the future of alts tbhby alipwns2010Updated 889
ETHBTC falling from a cliffrounding top, trendline invalidation, fail, lost horizontal support. Difficult to detect a possible target. Perhaps zero.Shortby ligand114
ethbtcI expect the price of altcoins to make a downward movement in order to stabilize the price in sync with Bitcoin, and in my opinion, there will be no alt season this year.by ghsaeed5323
Momenth of truth for ETHBTCI'll try and be as brief as possible in this one. I believe this to be a pivotal month for ETHBTC. Either we see a full-fledged no-excuses breakdown confirmed with a weekly close below the last wick on said timeframe, or I will continue to think that a macro low is being formed here. There is everything you want to see here if you're going to take a bullish stance. 1) Confirmed triple bullish divergence on both 1D and 1W. 2) Fake break of structure with a dip down and then pop back up on the 1W. 3) Chance for a 55EMA and 200EMA death cross fakeout inbound on the 1W. 4) Stochastics ready to go back up on both 1W and 1M. 5) Six months and counting of price action hanging onto the lows without truly breaking down. 6) History of ETHBTC losing value after BTCUSD breaks all-time high, only to go back into an uptrend after a few weeks. 7) BTC.D painting a swing failure on the 1W with a confirmed bearish divergence and rejection of the RSI bullish control zone. This might get all thrown out of the window tomorrow, but as long as the aforementioned points stand, I'll keep believing that one should exercise maximum caution in being bearish at this time and place. A weekly close above the 55EMA before it crossed the 200EMA will make me even more of a believer of the bullish case. If that happens, and ETHBTC can also trade above 0.061, I would have no more reason whatsoever to fear a breakdown, thus absolutely confirming a macro low, and looking for a higher valuation.Longby Andewyl4
AltSznBrewingWith a huge divergence on the ETHBTC pair, some Alts gaining force, and the convergence with a old supply zone for Alts, I can see a HUGE alt season in the making.Longby CryptoRiders1
ETH/BTC dip of the dippity dip...If my view is right, the altcoins shall do the best performance in their history.Longby MohamedSewid1
Ethereum vs Bitcoin by Rocket Bomb 🚀Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart! As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market. 👀Keeping an eye on this price is useful for making decisions about trading or investing, considering the dynamics of the two largest cryptocurrencies.💥 Today, I've prepared a weekly chart for You to examine the medium to long-term perspective! 💡On the chart, You can see a large number of falling wedges (also known as descending wedges) - a pattern, that signals an upcoming bullish impulse,🚀 which has always happened after the wedges in the history of this pair. The wedges, that I colored in pink 🩷 had the same slope and consequently the same percentage growth when exiting the wedge, which was about 1000%. Over time, the cryptocurrency market has gained immense popularity, and the market has become more "weighty," slowing down growth slightly and reducing it in percentage terms! In 2021 (the wedge became less acute, and growth was about 250%), I colored the wedge in brown 🟤 for clarity! As for the potential in the coming years, 250% is quite a realistic indicator - but it's too early to talk about it.🤫 🔻In the medium-term perspective, we can also see a slight decline in price - and the completion of the wedge formation, followed by a phase of active growth.🚀 You can see the levels for the medium-term perspective on the chart.🧐It's better to make purchases on price pullbacks, so keep an eye on that!👀 Thank's for Your attention, I hope the information was useful to You. If yes, click 🚀 and subscribe so You don't get lost!🫶 Always sincerely Yours, Kateryna💙💛Longby RocketBombUpdated 6639
If you have money good time to buy!!!BINANCE:ETHBTC war manipulation whatever you want to call it.When everybody run you have to dive.Longby H-A_TUpdated 4