🔁 When trading using the ETH/USDT currency pair, there are many opportunities for profit, but also many challenges that require wisdom in handling them.
Ethereum is not just a digital currency; it is the backbone of many decentralized applications and smart contracts. Therefore, its price movements do not only follow the general market but are also affected by developments in Web3 projects, network upgrades, and demand for the services built upon it.
📊 When using the ETH/USDT pair, I can measure the value of Ethereum in dollars directly, which makes it easier for me to make entry and exit decisions with higher accuracy, especially when using technical analysis on short time frames such as 15 minutes or an hour.
💡 One of the most important lessons I learned from trading this pair is the importance of following the technical news related to Ethereum and not just the price indicators. Software updates or rumors about network fees can suddenly affect price movement.
In the end, the ETH/USDT pair is one of the most liquid and traded pairs, making it an ideal choice for those looking to understand the market and evolve with it step by step.