ETH/BTCThere is still hope that long term ETH will outperform BTC, as long as it does not breach the level set by wave 1.... Interesting times up ahead.Longby ioanniskadis3
ETHBTC SHORT?Hi, it doesn't look too good for ETH ETF in shorterm - shorting would make sense, right? Shortby PeterParker_STUpdated 3
ETH/BTC Analysis (W) - May 21 2024ETHBTC chart is currently in a support zone. we want it to 1- cross above the yellow trendline and 2- make a good weekly close above 0.06117 in order to have a nice ALTSEASON. basically sharp rise in ETH/BTC chart means ETH is outperforming BTC and it's a clear sign of Altseason.Longby AlgoBotTrading114
This can be a sign of a good ascension.ETH/BTC 1W Pay attention to the positive divergence and Fibonacci 0.618 and the support line. This can be a sign of a good ascension. Did I do the right analysis?Longby EhsanHz070
$ETH weakens against $BTC for a whilein #ethbtc chart candle wick patterns, stoch RSI and Macd shows weakness. Downtrend against #btc may continue, but not against #usd or fiat. Not financial advice.Shortby naphyse0
$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
ETHBTC Wyckoff Accumulation SetupMajor Wyckoff horizontals identified. If the inverse head and shoulders finishes painting this is an easy long. Longby komakomakoUpdated 114
#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
ETHBTC Experimant (ETH ETF long term possiblity)Ethereum ETFs are suitable for both institutional and individual investors. They provide a regulated and secure investment vehicle, offering an alternative to the complexity of directly purchasing and storing cryptocurrency. As traditional financial institutions begin to cautiously enter the crypto space, ETFs can serve as a bridge attracting more conservative investors. Institutional and conservative investors are key wordsss.Both of them means A lot of money .I mean Alotttttttttttt will enter crypto with ETH.Why?Because ETH has soo many products and apps to offer. On the chart .There is a experiment possible senario with gann,patterns and other things to keep eye on.Not %100 but possiblity you know.Longby H-A_TUpdated 5
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
Performing Wyckoff Reaccumulation on Daily Timeframe ?With ETF ETF maybe will be approve in Aug, it seems Wyckoff Reaccumulation is valid. Maybe ETH will rebound and outperforming BTC start around July or Augby Calon_Sultan5
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