Here's something I picked up from tracking market movements lately. Ethereum is showing an interesting disconnect right now—while the ETH/USD pair is sitting comfortably above the 3k mark and up roughly 25% since the May lows, the ETH/GOLD ratio is actually stuck near multi-week lows.
What's worth paying attention to: when you look at it from a risk-reward angle, Ethereum is pricing better at this moment compared to Bitcoin. Bitcoin's chart is telling a different story altogether. The setup suggests there might be more upside potential in ETH relative to the downside risk, which isn't something you see every week. Worth monitoring how this divergence plays out.
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GasGrillMaster
· 3h ago
ETH is indeed interesting compared to BTC; this wave's risk-reward ratio is quite good.
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Whale_Whisperer
· 01-04 18:58
ETH benchmarking against BTC this time really has some substance. Gold prices can't be pushed up, but the USD side is taking off. Feels a bit contradictory.
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GmGmNoGn
· 01-04 18:55
ETH benchmarking BTC this time does have some substance, but will it really rise together...
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DancingCandles
· 01-04 18:43
The current ETH/BTC ratio is a bit extreme; it feels like ETH is undervalued.
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NFTPessimist
· 01-04 18:36
ETH is not too convinced about this bullish candle on BTC, feels like another sign of a false breakout.
Here's something I picked up from tracking market movements lately. Ethereum is showing an interesting disconnect right now—while the ETH/USD pair is sitting comfortably above the 3k mark and up roughly 25% since the May lows, the ETH/GOLD ratio is actually stuck near multi-week lows.
What's worth paying attention to: when you look at it from a risk-reward angle, Ethereum is pricing better at this moment compared to Bitcoin. Bitcoin's chart is telling a different story altogether. The setup suggests there might be more upside potential in ETH relative to the downside risk, which isn't something you see every week. Worth monitoring how this divergence plays out.