BTC and ETH: Time for ETH to catch up
Updated
I think we can get a retrace or sideways range in BTC, or simply a way faster rally in ETHUSD compared to BTCUSD, which would bring the ETHBTC pair up more than 100% probably. I'm in a position with avg entry at 0.00805 in ETHBTC, and looking to add at 0.0083 and 0.008 next.
I aim to have a 15% exposure in ETH, as well as a 15% in BTC while this rally lasts, then to revert back to BTC after we top in Ethereum.
The fundamentals are still uncertain but after the next update is out, we could see renewed interest in investing in this instrument. For now, it's not too popular, but it has good liquidity again, and some interesting moves, as well as a fantastic spread, so it is worth a try here.
Good luck,
Ivan Labrie.
I aim to have a 15% exposure in ETH, as well as a 15% in BTC while this rally lasts, then to revert back to BTC after we top in Ethereum.
The fundamentals are still uncertain but after the next update is out, we could see renewed interest in investing in this instrument. For now, it's not too popular, but it has good liquidity again, and some interesting moves, as well as a fantastic spread, so it is worth a try here.
Good luck,
Ivan Labrie.
Note
Ton of upside here.
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ivanlabrie.substack.com/
ivanlabrie.substack.com/
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