Prediction evidence

Da

Daan Crypto Trades

@DaanCrypto

$ETH After the initial run during the summer, ETH gave back some of its gains against $BTC in recent months. It is now retesting the previous breakout level and has been stalling around here. I would assume this bounces the moment the market finds a bottom and BTC goes back up. That would be the green light to focus on more altcoin exposure too. The ETH/BTC ratio remains the main risk appetite factor for relative alt strength vs Bitcoin and risk appetite in general. If you see ETH outperform BTC usually alts are doing well itself. So that's why it's good to keep an eye on this chart at all times.