Good Morning 🌅💜 Today is the Birthday of our great leader AUNG SAN SUU KYI! Happy 80th Birthday AMAY SUU🎂🎉 Wish you will be healthy & free soon 🙏 And wish you all have a great profit 🍀 $USDC $BTC
According to CryptoQuant data, Ethereum’s price ratio against #Bitcoin has increased by 38% in the last week.
This ratio has recovered from the lowest levels seen since January 2020. In other words, #Ethereum may be breaking out of historical lows.
In particular, the ETH/BTC MVRV metric has fallen to such low levels for the first time since 2019. Historical data shows that such declines coincide with periods when Ethereum made a serious rally against $BTC
Not only the price charts but also the on-chain data are giving positive signals for Ethereum. The ratio of ETH’s spot trading volume to BTC has increased rapidly since last week, reaching 0.89. This ratio is the highest level since August 2024.
In addition, the decrease in the amount of $ETH sent to exchanges suggests that selling pressure is also decreasing.
CryptoQuant states that this metric is currently at its lowest level since 2020. This shows that investors prefer to hold their Ethereum rather than sell it on exchanges.
Investor interest is not just on the retail side.
Institutional demand for Ethereum-based ETFs has increased since the end of April.
Analysts attribute this rise to both Ethereum’s new updates and macroeconomic improvements.
CryptoQuant’s comment is clear:
“This bottom in Ethereum against Bitcoin has historically created serious opportunities. And a similar structure may be forming right now.”
Despite Bitcoin’s long-standing market leadership, Ethereum’s strength in on-chain metrics suggests a new era may be beginning for ETH.
With the combination of reduced selling pressure, increased ETF demand, and rising spot volumes, Ethereum is poised to re-emerge against Bitcoin.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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📢 Simey Lightning Community Functional Group Introduction Announcement
Dear Simey Lightning Community members:
To organize discussions more efficiently and improve communication quality, we have divided the community into three functional groups, each focusing on different aspects of crypto investment strategies. Please choose to join the appropriate group based on your interests and expertise for in-depth communication:
✅ Simey Lightning Community Group 1: Spot Trading Strategy Group Simey闪电币安王牌KOL聊天室(现货区) 📌 Focus Content: Secondary market, $BTC , $ETH and other mainstream coins and altcoins spot market analysis, entry point judgment, position management strategies, etc.
Peace be upon you everyone. Hope you guys are well. Let's do it again with everyone. Give a little bit push to 5342Selam Hope you guys Follow her & make her 1k asap ❤️
#eth Finished work and went to sleep! It's really tough! Today all articles have been shouting all day, I don't know if you guys have been keeping up with the rhythm or still stubbornly going against the trend 🈳. In such a market with many clear signals, if you just follow the trend and go long, it's a money-making market! Why must we go against the RMB? Teachers, isn't it better to go long with the trend? Why do you have to go against the trend and mislead your disciples? A sigh! ps: Brother Lie has no paid services, be cautious of scams!
Massive thanks for joining our live – nearly 40,000 viewers! To celebrate this moment, I’m giving out #redpacket ! Drop a comment below to claim yours now!
Are there still brothers holding $PEPE ? The market keeps falling, and we have now made a profit of three times. It's great. Isn't today's happiness brought to you by a certain gentleman?
Explosive! 21Shares in the US Strikes the Nasdaq, Submits Application for Spot ETF of Polkadot Coin #DOT ! Urgent Breaking News! The US company 21Shares has made a significant move, swiftly submitting an application for a spot exchange-traded fund (ETF) for Polkadot Coin ($DOT ) to the Nasdaq. This news is like a powerful bomb, instantly creating waves in the cryptocurrency field⚡️, with all market participants focusing their attention and holding their breath for further developments.
#eth 2831 Already, the five-wave analysis method does not deceive me. Hunter Ge gives the brothers red envelopes 🧧 and continuing is a must! Following yesterday's clear signal to buy ETH at 2600, today at 2752 is another clear signal to buy at the current price. So, the eternal profit master should learn from Hunter Ge, calling the current price directly instead of always putting out a bunch of hanging orders to catch the knife strategy! Look at how many times your hanging order catch the knife strategy has been accurate! Either it gets mercilessly pierced or it gets mercilessly broken through. But it’s okay, after all, it’s about using other people's money to take risks. Just set a wide stop-loss, as long as you don’t hit the stop-loss and can withstand it with a thick skin, you can continue to brag!