Can we see the current market situation from the ETH/BTC trading section?
The recent good news for BTC has pushed the price of BTC slightly higher to close to 3.60,000. During this period, eth also made some moves, but the moves were a bit light, causing the trading price of BTC to go all the way down, reaching the 0.051 range and starting to fluctuate. The relative high of 0.62 has fallen by about 17.7%.
What does it mean?
1. Bitcoin starts to oscillate, giving space and time for eth to make up for the increase?
2. BTC begins to correct, and the magnitude of the correction is much greater than that of eth?
3. BTC continues to reach new highs for the year, and eth begins to make rapid progress?
I personally feel that if you carry out a medium and long-term spot layout, no matter which trend is above, now is a good time to enter the position. As time goes by, each Eth sector will gradually come into effect. Simply speaking from the perspective of trading between the two, it will be in vain. Picked up more than 21.5% of BTC.
To put it bluntly, as time goes by, if you buy BTC now, you will earn more than 21.5% less eth. On the contrary, if you buy eth now, you will earn more than 21.5% more BTC!
What is the concept of 21.5%?
It may be just a positive line for a certain currency asset, but for BTC and ETH, it is a rare delicacy~
Personal experience, for reference only~
Today, three currency friends came to the square to follow orders, which really flattered me! I have never seen this scene before. Thank you for your trust and support~
