Yello, ParadiseClub Members! 😎 Have you noticed the decreasing interest in Ethereum? Let’s see how Bitcoin is taking the lead and leaving ETH behind:
💎The Bitcoin-to-Ethereum trading ratio has hit its lowest point since June 2023 on all exchanges. This factor shows a decreasing interest in this trading pair but mainly in Ethereum. Glassnode data also highlights a recent surge in Bitcoin inflows, signaling rising investor interest in BTC while interest in Ethereum is seeing a noticeable dip.
💎What’s the view from our ParadiseTeam Professional Traders? The declining interest in Ethereum isn’t as bad as it may seem to some investors. The reason is that while ETH interest may seem low, that’s precisely when the “big hands” start paying attention. If Bitcoin enters an accumulation phase, we’ll likely see liquidity shift back into ETH, giving it the push we’ve been waiting for. So, you need to trade this situation strategically.
Stay focused, patient, and disciplined Paradisers🥂
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