Previously, a fan asked about the exchange rate of $ETH /BTC, so today I will briefly explain.
Let's broaden our perspective—don't just focus on the daily fluctuations; when we extend the timeframe, the script becomes quite clear.
Previously, a "iron bottom" was formed around 0.01795. Although it briefly dropped to 0.01766, the dense trading area at the weekly level acted like a springboard to support it. Looking back at historical trends, this type of false breakdown followed by a violent rebound occurs every few years.
From the quarterly perspective, this bull market is likely a marathon. Referring to the trend in 2019, key pressure points will concentrate in the 8th and 9th phases (corresponding to the second and third quarters of next year). If we can successfully break through, the exchange rate might surge to 0.089 or even touch 0.0989; by that time, the price of ETH might be terrifying.
Ultimately, holding ETH is like betting on the TCP/IP protocol of the Internet—after this bull-bear cycle ends, the market will eventually realize that the underlying value of public chain ecosystems cannot be simply measured by mere speculation. Hold steady, and in 2025, we'll see who is laughing the loudest!
If you want to double your account, want to enjoy big profits, want to successfully break even,
Follow @币圈斩虍 to position yourself ahead of the main wave of the bull market!
