Interesting read.. What lesser known approaches would you guys recommend for research?
Interesting read.. What lesser known approaches would you guys recommend for research?
https://i.redd.it/22fgsgcgp7og1.png
Posted by simonada
2 Comments
simonada on
research and analysis*
No-Confusion4519 on
TLDR
* **ETH/BTC ratio** shows how **Ethereum** performs against **Bitcoin** by dividing ETH’s price by BTC’s price.
* A **rising ratio** means ETH is outperforming BTC, while a **falling ratio** means BTC is outperforming ETH.
* The ratio moves due to differences in use cases: **Bitcoin as a store of value**, while **Ethereum powers DeFi, NFTs, and blockchain applications**.
* Some traders use the ratio for **relative value trades**, going long ETH and short BTC to profit from performance differences rather than overall crypto market direction.
2 Comments
research and analysis*
TLDR
* **ETH/BTC ratio** shows how **Ethereum** performs against **Bitcoin** by dividing ETH’s price by BTC’s price.
* A **rising ratio** means ETH is outperforming BTC, while a **falling ratio** means BTC is outperforming ETH.
* The ratio moves due to differences in use cases: **Bitcoin as a store of value**, while **Ethereum powers DeFi, NFTs, and blockchain applications**.
* Some traders use the ratio for **relative value trades**, going long ETH and short BTC to profit from performance differences rather than overall crypto market direction.