- That ETH/BTC pair is dancin’ on the edge of a cliff, but there’s a safety net at0.05 BTC, or so the optimists claim.
- If BTC starts losin’ its grip, money might just waltz over to ETH, kickin’ off a jig in the pair’s favor.
The U.S. Dollar Index (DXY) has taken a tumble, and folks are chatterin’ about cash makin’ a beeline for riskier pastures, like them cryptos. History tells us a limp dollar usually means more love for Bitcoin [BTC] and Ethereum [ETH].
Trump’s tariff shenanigans sent the dollar on a downhill spree, right back to where it was before the election hullabaloo. But, hold your horses, AMBCrypto’s got a twist – BTC and DXY ain’t dancin’ together no more, meanin’ the dollar’s cues ain’t as reliable for the crypto fiesta.
And yet, the big picture’s still paintin’ itself. Soon as Trump waved off them tariffs, Bitcoin shot back to $86k after playin’ hard to get for seventeen days, while Ethereum did its own victory lap past $2k.
BTC’s price doin’ the cha-cha means ETH’s got a chance to charm the money. The ETH/BTC pair’s got some pep in its step, with the MACD showin’ bullish signs for the first time in a coon’s age.
A nice little support huddle’s formed up, markin’ the third squeeze in as many months – could be the setup for a breakout that flips the script in ETH’s favor.
If this breakout’s the real deal, the number-crunchers reckon we’re lookin’ at a move towards0.0019 BTC per ETH, with the pair currently twirlin’ around0.002 BTC.
But technicals ain’t the whole shebang. Buyers didn’t stick around last time, leavin’ the well dry and droppin’ to a five-year low.
If history’s got a sense of humor, we might see more liquidity takin’ a nosedive. In that comedy of errors, ETH/BTC could slide further, givin’ Bitcoin the upper hand.
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This shift in the wind suggests Ethereum’s become a follower rather than a leader when Bitcoin takes a spill.
If BTC decides to take a sharp detour, ETH risks kissin’ the $2K zone goodbye, maybe even draggin’ ETH/BTC to uncharted lows. 🚀❌
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2025-03-25 22:19