$ETH $BTC Analysis – Losing Steam or Gearing Up?
Current Price: 0.02352 BTC
Dollar Value: $2,575.44
24h Change: -1.13%
24h High / Low: 0.02455 / 0.02323
RSI: 32.7 (Weak zone, but not yet oversold)
What’s Going On?
After reaching a local peak at 0.02455, ETH/BTC is now facing rejection. Price has broken below all major moving averages (MA7, MA25, and MA99), signaling bearish control.
Key Insights:
RSI at 32 shows the momentum is cooling off fast – bulls are retreating, and bears are gaining confidence.
Price is hovering near minor support, but no strong bounce yet – it could slide further if BTC strengthens.
The death cross of MA7 below MA25 confirms short-term bearishness.
The Bigger Picture:
While the 30-day trend is still up by +26%, long-term indicators are red:
90 days: -15.24%
180 days: -32.80%
1 year: -56.15%
This tells us ETH is still struggling to outperform BTC over the long haul.
What’s Next?
If ETH fails to hold above 0.02320, expect a deeper correction. On the upside, bulls must reclaim 0.02380+ to flip sentiment.
Sentiment Check:
Short-term traders, stay cautious. Long-term ETH holders — this might be a moment to observe and wait. The trend is your friend… until it bends.
Would you HOLD or SWITCH to BTC? Drop your thoughts below!