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ETHBTC still signals riskoff for crypto
One month ago, I was mentioning the fact that ethereum:native can still drop anywhere between -10% to -40% vs bitcoin:native until we have the true bearmarket bottom.
Since then, Ethereum is down -10% and is entering the zone where I start to be interested in the ratio.
Regardless if it will bottom at 0.021 area or print a picture perfect W-DoubleBottom at 0.017 area, I will follow through with my plan and execute with cold blood. 🫡