The ETH/BTC exchange rate is beginning to break out of a clear trend structure.
Combined with interest rate cuts and subsequent expectations, it seems that before the next FOMC meeting, liquidity-sensitive assets will perform better than BTC.
Note, this is under the premise of liquidity; those junk altcoins shouldn’t be expected to perform well...
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The ETH/BTC exchange rate is beginning to break out of a clear trend structure.
Combined with interest rate cuts and subsequent expectations, it seems that before the next FOMC meeting, liquidity-sensitive assets will perform better than BTC.
Note, this is under the premise of liquidity; those junk altcoins shouldn’t be expected to perform well...