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Crypto PM
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Bearish
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Bro i said this yesterday 🤣
$ETH
Crypto PM
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i know it's bull run but a sharp drop in eth will happen.
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ETH is pulling ahead. Since April, its price relative to Bitcoin has jumped 72%, and last week ETH spot volume beat BTC for the first time since June 2024. ETF flows confirm the tilt: the ETH/BTC holding ratio has risen from 0.05 to 0.12. Traders are broadening out too—altcoin spot turnover hit $67 B on 17 July, the highest since March. Meanwhile, much less ETH is reaching exchanges than BTC, hinting at lighter sell pressure and room for more upside.
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🚨 Reason for the Bitcoin dump? Galaxy Digital moved 30K $BTC ($1.15B). Heavy sell pressure is here. But $ETH barely flinched. Altcoins coping well. Capitulation… or just a dip? 🤔 #BTCvsETH
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$ETH is strong. Long it 🔥
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