Trading Guru Peter Brandt Offers Insights on Ethereum vs. Bitcoin Chart
Ethereum Plunges Against Bitcoin: A Bear Trap?
Trading expert Peter Brandt has shifted his stance on Ethereum, suggesting a potential bear trap in the market as Ethereum’s value against Bitcoin hits a 35-month low.
Bullish Signals Amid ETH/BTC Downturn
Despite Ethereum’s challenges, bullish signals have emerged, with a significant portion of Ethereum options open interest expiring as bullish bets on price. Additionally, the emergence of new Ethereum whales adds to the positive sentiment surrounding the cryptocurrency.