Catching the Trend: Trading $BTC/$ETH on Binance
If you're into crypto trading, you've probably noticed the $BTC/$ETH pair heating up on Binance lately. With volatility kicking in and both Bitcoin and Ethereum showing strong momentum, this pair is becoming a favorite among active traders.
Why Trade $BTC/$ETH?
Unlike USD-based pairs, $BTC/$ETH gives insights into the relative strength between two giants in the crypto world. If BTC is moving slower than ETH, it might be a sign to pivot your strategy toward altcoins—or vice versa.
Recent Trend:
Over the past week, ETH has been gaining ground, tightening the gap. Traders are capitalizing on the swings, especially during high-volume periods. Smart money is watching this pair closely to anticipate broader market shifts.
Strategy Tip:
Use the 4H chart with RSI and EMA indicators to spot entry points. When ETH shows stronger RSI divergence and BTC stalls, that’s your cue.
Risk Management:
As always, set tight stop losses. This pair can move quickly and whip you out if you're not managing your positions.