Following the previous update, the eth/btc exchange rate has reached the range of 0.02980-0.03012. A proper test is about to come, and an adjustment is expected. Once past this position, it will head towards around 0.037.

The ETH/BTC exchange rate is worth paying attention to

From September 2022 to now July 2025, it has been in a volatile consolidation for almost 3 years, and recently there have been significant breakthrough signs on the weekly chart (however, this week has not closed yet, so it cannot be fully confirmed)

Even if there might be some pullback adjustments later, if this wave is really confirmed to break out, it would mean that it has gone through nearly 3 years of major level adjustments, and there will likely be a good market trend coming up.

I personally exchanged part of my position around 0.0250, and I won't meddle with the rest, leaving it to the market to decide whether it has the opportunity to continue moving upward.