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Greeks.live: Investors closely monitor the weakening ETH/BTC ratio

2025-06-06 13:58

Odaily Planet Daily News: Adam, a macro researcher at Greeks.live, released a Chinese community briefing, which pointed out that market sentiment tends to be cautiously bearish, Bitcoin's short-term volatility is intensifying, and investors are closely monitoring the weakening ETH/BTC ratio and pressure at the $100000 mark. Most traders believe that Ethereum's performance is weak, but there is disagreement on whether the current time is suitable for bottom fishing. The public conflict between Musk and Trump is seen as a short-term black swan event, causing Tesla's stock price to drop by over 20% at one point, triggering market volatility; Ethereum's holdings have reached a new high, but its price performance is weak. Many traders believe that it is not yet time to bottom out and suggest focusing on the $1500 support level rather than the targeted $1300 low point.

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