1/ Why I’m going all in on $ETH over $BTC
Attached is my full technical analysis on the ETH/BTC pair. We are completing the final leg of the Elliott Wave pattern — and this bounce could be massive.
Let me explain why I believe this setup is prime.
2/ Technical Analysis:
• ETH/BTC appears to be finishing the (5) wave of a long-term Elliott Wave structure. (Will form A,B,C)
• This historically signals a major trend reversal.
• Chart shows strong confluence at this BUY zone with a projected target move of 60–70%.
3/ Fundamentals backing this move:
• Pectra upgrade is scheduled for May 7, 2025 — typically bullish as upgrades reduce uncertainty and add utility.
• HashKey just received Hong Kong approval for crypto staking — opening the door for ETH staking via Spot ETFs
• More to come in near future!
4/ Positioning:
• I’ve been accumulating ETH for over 2 weeks, raising my average slightly.
• Target zone for this move is clearly shown on the chart — but I plan to scale out if momentum gets hot.
• Risk/reward here is unmatched imo.
5/ ETH is making a comeback.
While most are still fixated on BTC dominance, the ETH/BTC chart is quietly forming a bottom. With tech + macro catalysts in play, I’m betting big on the flip.
Got questions? I’m happy to discuss. Stay sharp and stay safe. #Eth #Btc $BTC $ETH