Ethereum Hits 3-Year Low Against Bitcoin – Could This Be a Bear Trap? Expert Trader Shares Insights

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.

Subscribe

Related articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here