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Matrixport Lianchuang: ETH/BTC is expected to fall below 0.05 and stabilize between 0.0475 and 0.05

Matrixport Lianchuang: ETH/BTC is expected to fall below 0.05 and stabilize between 0.0475 and 0.05

Bitget2024/07/23 14:24
BTC-0.17%ETH+1.44%

Daniel Yan, the founder of Kryptanium Capital and co-founder of Matrixport, tweeted that regarding ETHETF: I still hold a contrarian view that ETH/BTC will actually go down rather than up in the next few weeks. Reasons include: people buy when rumors are spread and sell when facts are revealed; net flow may be negative. He predicts that ETH/BTC will fall below 0.05 and stabilize between 0.0475 and 0.05.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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