Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Greeks.live: Investors Closely Monitor Weakening ETH/BTC Ratio

Greeks.live: Investors Closely Monitor Weakening ETH/BTC Ratio

View original
Odaily星球日报Odaily星球日报2025/06/06 15:06
Greeks.live macro researcher Adam released a briefing for the Chinese community, noting: Market sentiment leans towards cautious bearishness, Bitcoin's short-term volatility intensifies, and investors are closely watching the weakening ETH/BTC ratio and the pressure at the $100,000 mark. Most traders believe Ethereum is underperforming, but there is disagreement on whether it is the right time to bottom-fish. The public conflict between Musk and Trump is seen as a short-term black swan event, with Tesla's stock price once dropping over 20%, causing market fluctuations; Ethereum holdings hit a record high but its price performance remains weak. Several traders believe it is not yet time to bottom-fish, suggesting attention to the $1,500 support level rather than the $1,300 low point.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!