#BTCvsETH 🟡🔵 The Monday Showdown! 🏁
📍 Time: 03:30 PM UTC
📊 BTC steady near $118–119K, boosted by $6.6 B of ETF inflows in 12 days — institutions are stacking!
📈 ETH outshines today, climbing ~4% and hitting nine consecutive days of gains above $3.7K — fuelled by growing institutional appetite and NFT revival.
📉 ETH/BTC Ratio: Around 0.0323 BTC/ETH, up ~2% in 24 h. ETH’s Mayer multiple is surging, hinting it’s not just catching up — it’s lapping BTC.
🚀 TA Nuggets:
BTC: Forming bullish pennant — clear breakout above $120K could set eyes on $125K+
ETH: Breakout above resistance near $3.8–3.85K could target $4K+ fast
💡 Profit Playbook:
🎯 Spot Traders:
BTC: Range trade $118–120K, flip to breakout bias if $120K holds.
ETH: Buy dips near $3.7K–3.75K, take profits at $3.9K–4K — momentum is strong!
🧨 Futures:
Put a long on BTC if it breaks $120K, tight SL at $118K.
ETH longs above $3.85K with SL at $3.75K, targets near $4K.
📈 Investors:
DCA into both: BTC on any dip >2%, ETH on strong breakout/resume above $3.8K.
😂 Meme Watch:
“BTC’s the grandpa—solid but slow. ETH’s the millennial—chasing dreams and NFTs.” 🧓👶
⚠️ Risk tip: Volatility’s real — always use stop-losses and manage position sizes to surf safely!