$BTC
The $BTC/ETH trading pair has reached a critical turning point! Whales are on the move!
The exchange rate between Bitcoin ($BTC) and Ethereum ($ETH) has been highly volatile recently, and it is currently testing the key support level of 0.055! This level is not only a support line for the long-term trend but also a significant watershed for institutional funds.
Technical indicators show that the $BTC/ETH weekly chart is indicating an oversold signal, with the RSI nearing 30. Historical data suggests that whenever the ratio falls into this area, a strong rebound follows. If the support holds, the market may quickly rebound above 0.065, presenting arbitrage opportunities!
Do you believe $BTC will continue to outperform $ETH, or do you think altcoin season is about to explode? #BTC #ETH #Crypto