ETH/BTC up only since April but we are hitting a key 1W zone here. A cooldown in the red box here should be good for altcoins allowing for some rotations. If we just break above the red box, it should give another 25-30% move to the upside on the ETH/BTC pair
$ETH, 1W trend established on the $BTC chart right at the monthly OB support. A bounce into the Monthly BOS is possible in the next 6-12 months, but it is eventually going lower towards Zero. #ETHEREUM
14.26K
84
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.