Crypto Witch is the Weibo poster I admire most, and her analysis is great!
Ethereum has started to gain momentum! Can it still make up for the increase of 20%? !
This morning, the Ethereum that we have been thinking about has made up for the increase of 5% compared with Bitcoin, but this is not over yet!
Because you see that the ETH/BTC exchange rate in the last round of bull market reached 0.08, and now it is only 0.057, so Ethereum still has great potential to be released, especially now that the ETF has been passed, the Ethereum exchange rate that has been weak for 1 year will begin to make up for it significantly, and we will see 0.065-0.07 in the near future.
To be fair, the peak of Bitcoin in the last round was 69,000, which is similar to the current price, so Ethereum should also come to the peak of the last bull market, 4900, which is normal and not overvalued.
And I have reminded everyone to increase their positions at 2900, 3050, 3500 and 3700. Now it is 3950. I think 4000 will not be the end of this upward journey. It can only slightly make the currency price fall back briefly, which is your opportunity to get on board.
