The ETH trading pair $ETH ETH consists of Ethereum (ETH) paired with other cryptocurrencies or stablecoins. Common types include ETH/BTC (ETH against Bitcoin) and ETH/USDT (ETH against the US Dollar stablecoin). ETH/BTC reflects the relative value of ETH to Bitcoin and is often used to assess the market strength of both; ETH/USDT anchors the fiat value through stablecoins, reducing volatility risk and is suitable for short-term trading.

When trading ETH pairs, attention should be paid to technical indicators (such as MACD divergence, RSI oversold) and on-chain data (such as the proportion of profitable addresses, staking volume). For example, ETH recently broke through the 20-day moving average, leading to a surge in contract open interest that pushed prices up. Additionally, the development of the ETH ecosystem (such as Layer 2 scaling and growth in DeFi applications) may support its pair value in the long term, but one should be cautious of high leverage liquidation risks.