#BTCvsETH Bitcoin has slightly corrected after reaching a record $123,218 — it is now consolidating around $119–120k. Interestingly, traders are aiming for a breakout to $125,000.

Ethereum, meanwhile, is showing strength — it has strengthened to $3,675, reaching a six-month high, and stocks of companies 'related' to it have risen. Additionally, major players, including bitcoin miners and large holdings, are beginning to buy up ETH in large quantities.

Advice for traders on Binance: when trading BTC–ETH, pay attention to the dynamics of the ETH/BTC pair – it indicates Ethereum's dominance in the summer. When key levels of ETH/BTC are broken, consider buying ETH and rebalancing BTC/ETH towards ETH. Don't forget about the risks: set stop-losses and adhere to your position size.

Keep an eye on news about large movements, such as the shifting of BTC 'whales' and the strengthening of institutional interest in ETH.