According to TechFlow, Daniel Yan, co-founder of Matrixport, said that the ETH/BTC exchange rate is currently at 0.0485 and is expected to stabilize at this level, and is unlikely to fall below 0.0450 in the short term. He pointed out that the continued outflow of ETF funds will put pressure on the trading pair, but shorting from the current position may be risky.
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Matrixport Lianchuang: The ETH/BTC exchange rate is unlikely to fall below 0.045 in the short term, and it is dangerous to start shorting now
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ETH
2,625.05
+0.70%
BTC
67,512
-0.31%
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