The market still seems to be poised to generate mega 37x potential returns for altcoins. ETH/BTC is a kind of proxy for the altcoin rise. The important point here is that we had a month where Bitcoin hit an all-time high, the next month we had a decline, and then ETH went up quite significantly from there. So if things are similar to last time, maybe it's a decline because Bitcoin is heading towards new all-time highs, it's showing itself, then you see another bearish month here as Bitcoin continues, and then you see a reversal here for ETH.

ETH0,32%
BTC0,41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)