Eternal Guardian!
The ETH/BTC exchange rate has risen for five consecutive days, currently at 0.037, the last time it was this high was during this year's bull market in January. Last year, a trader went long from 0.055 to 0.03596, losing 22.45 million dollars, and now the exchange rate has just returned to that level.
This exchange rate rebound excites me, ETH is making a strong comeback, combined with a market cap of over 500 billion, it feels like ETH is about to catch up with BTC. That trader's lesson is a living example, don't hold on stubbornly.
Today ETH broke 4300, BTC 117k, the market is all green lights, but Bo Hines from the White House Crypto Council has left to return to the private sector. This personnel change may affect policies.
I believe the ETH/BTC target is 0.04, short-term long positions are guaranteed to profit, but be aware of liquidation risks, like those 5 Ethena investors transferring 40.21 million ENA to the exchange, cashing out nearly 30 million dollars, institutions are reducing their holdings.