💦👉#ETH/BTC Which coin pair best represents the Altcoin season in general and ETH in particular?
🥀Personally, I often see if a certain coin is trending or not and is about to increase strongly. I will usually look at this Altcoin/BTC pair to see it most clearly.
👋💥When this ratio is lower, it shows that ETH as well as altcoins are weaker compared to Bitcoin, the altcoin group has no wave or even decreased a lot. Looking at this pair, we will know whether we hold Bitcoin or Altcoin will be more profitable. During the downtrend and accumulation season..
🖖Back to reality here, as long as the #ETH/BTC pair is still hovering somewhere around the 0.05 area at present, you should not dream about altcoin season, and when BTC sideways corrects slightly, altcoins will also decrease more.
🤷I hope that by the end of 2024, this #ETH/BTC pair can reach the peak of 0.08 or even surpass that area so that the altcoin season can really come and explode after that. For now, just patiently wait to get through these difficult days.#Bitcoin#BTC#Ethereum#ETH#Manta#strk#Pixel#Rez#Omni#Saga#W#ENA#ETHFI#Bome#Pepe#Doge #INJ