Ethereum (ETH) recently hit a new high, but that doesn't mean we should get overly excited. As the second largest player in the crypto assets market, ETH's performance has always been closely related to Bitcoin (BTC).



When the BTC price falls, ETH usually fluctuates accordingly, sometimes even experiencing a larger decline. This correlation means that investors need to closely monitor the trends of the entire crypto assets market.

Market analysis shows that if the BTC price falls below the $100,000 mark within the next month, ETH is likely to fall below $4,000 as well. Therefore, a wise investment strategy may be to patiently wait for BTC to complete its adjustment. This time point may provide ideal buying opportunities for both BTC and ETH.

However, the long-term outlook remains optimistic. Market predictions indicate that when the next bull market arrives, BTC is expected to break through $138,000 and even set a higher record. Meanwhile, ETH may also surpass the $6,000 mark.

For crypto assets investors, understanding market cycles and maintaining patience is crucial. While short-term fluctuations can be unsettling, the long-term trend remains optimistic. In any case, thorough research and risk assessment should be conducted before making any investment decisions.
ETH-2.37%
BTC-0.98%
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liquiditea_sippervip
· 13h ago
What's there to wait for? Just buy the dip!
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SleepTradervip
· 13h ago
How much it opens depends on BTC.
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DegenGamblervip
· 13h ago
What are you panicking about? Just buy the dip.
View OriginalReply0
OnChainDetectivevip
· 13h ago
hmm suspicious correlation coefficient at 0.89... too neat
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