comment
ETH/BTC 0.08 Target Implies ~$9,600 ETH If BTC Holds $120k
I note that ETH/BTC has crossed its 365-day moving average — historically those breaks have preceded moves toward the 0.08 level, meaning 1 ETH reached about 8% of 1 BTC.
If Bitcoin holds around $120,000, Ethereum would need to trade near $9,600 to restore that 0.08 ratio, implying meaningful upside for ETH in USD terms if BTC stays elevated.
Source available for registered users Sign Up Free
Analysis
Crossing the 365-day moving average is a long-term bullish technical sign for ETH/BTC, but the USD upside for ETH is conditional on Bitcoin remaining at or near $120k; a BTC weakness would invalidate ...
Recommendation
This is an informational observation rather than a direct trade call: watch ETH/BTC relative to the 365-day MA and BTC’s ability to hold $120k. Consider positioning only after confirmation or on disci...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.