This is an easy buy decision to make.


The reasons are as follows:
ETH/BTC is currently moving toward its most critical technical level in months.
In the past 30 days, ETH has outperformed BTC by 9.5 percentage points, whereas in the prior six months it lagged by 9.4 percentage points.
The pair is now testing the upper bound of a long-term descending channel. If it can regain 0.030 on a weekly basis, it will signal a major shift in relative strength.
Capital inflows are also improving. After Ethereum ETFs saw net outflows of $530 million in June, they turned back to net inflows in July.
The fundamentals have not fully confirmed this move yet. Ethereum fees have still fallen by 29% over the past 30 days.
Right now, this looks more like a breakout pattern than a confirmed trend.
But after months of dull performance, $ETH has finally provided a reason for the market to pay attention to it again.
$ETH ‌#夏日创作营
ETH1.09%
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MelancholyCoin
· 07-17 03:47
Send it—just do it 👊
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MelancholyCoin
· 07-17 03:47
坚定HODL💎
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MelancholyCoin
· 07-17 03:47
Buy the dip and enter 😎
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MelancholyCoin
· 07-17 03:47
This is an easy buy decision to make.
The reasons are as follows:
ETH/BTC is now approaching the most critical technical levels in months.
Over the past 30 days, ETH has outperformed BTC by 9.5 percentage points, whereas in the prior six months it lagged by 9.4 percentage points.
This pair is currently testing the upper boundary of a long-term descending channel. If it can reclaim 0.030 on a weekly basis, it will signal a major shift in relative strength.
Capital inflows are also improving. After Ethereum ETFs saw net outflows of $530 million in June, they turned back to net inflows in July.
The fundamentals have not fully confirmed this move yet. Ethereum fees have still been falling by 29% over the past 30 days.
Right now, it looks more like a breakout pattern than a confirmed trend.
But after months of sluggish performance, $ETH has finally given the market a reason to pay attention again.
View OriginalReply0
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