Honestly, if Ethereum can't hold steady at 3500 during this surge, it probably means it's just a false alarm, and in the end, it will fall back along with Bitcoin.
I previously checked the ETH/BTC exchange rate, and it's now hovering around 0.034. If the overall market really starts to adjust, this ratio is likely to weaken further. Imagine Bitcoin as the main driver, easing off the gas a little, while ETH, as the car, can't keep up with the power and starts to slide down.
Based on my own holding rhythm, if Ethereum can't effectively break through 3300 and stabilize within the next couple of days, I tend to sell some spot positions first. After all, at this price level, the risk-to-reward ratio is no longer as favorable. If there’s a real pullback opportunity later, I’ll consider re-entering at that time.
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FastLeaver
· 01-07 22:45
If you can't break 3500, you have to run; the main vehicle's movements are too slow for us to keep up.
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BearMarketLightning
· 01-07 08:56
Once again, a fake move. I bet 5 dollars that in the end, I still have to let BTC gather dust.
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MEVHunterBearish
· 01-07 08:49
I'm also watching the 3500 level; it feels like a paper tiger. When BTC swings its tail, ETH has to follow and drop.
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UncleLiquidation
· 01-07 08:49
The 3500 level is really stuck; it feels like a test.
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Degen4Breakfast
· 01-07 08:45
It's the same story again. When BTC doesn't move, ETH gets hit. Can we not follow the trend this time?
Honestly, if Ethereum can't hold steady at 3500 during this surge, it probably means it's just a false alarm, and in the end, it will fall back along with Bitcoin.
I previously checked the ETH/BTC exchange rate, and it's now hovering around 0.034. If the overall market really starts to adjust, this ratio is likely to weaken further. Imagine Bitcoin as the main driver, easing off the gas a little, while ETH, as the car, can't keep up with the power and starts to slide down.
Based on my own holding rhythm, if Ethereum can't effectively break through 3300 and stabilize within the next couple of days, I tend to sell some spot positions first. After all, at this price level, the risk-to-reward ratio is no longer as favorable. If there’s a real pullback opportunity later, I’ll consider re-entering at that time.