Ethereum · Bitcoin · Bitcoinist
ETH/BTC Ratio Falls Back To Early-2023 Levels As Traders Debate Ethereum Value
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The ETH/BTC ratio at 0.027.
Key facts
- In a June 20 X post, Woetoe said the ETH/BTC ratio is at 0.027, bringing it back to early-2023 levels
- The setup highlighted a broken market structure and price rolling over below the $1,774 high
- SwallowAcademy’s June 20 TradingView idea described ETHUSDT as entering a bearish correction after a strong weekly open
- This article was written by the News Desk and edited by Samuel Rae
Summary
Woetoe says the ETH/BTC ratio is near 0.027, back around early-2023 levels. The analyst contrasted that with the 2021 peak near 0.088. A separate ETHUSDT TradingView setup shows bearish correction risk after a strong weekly open. In 2021 at the peak it was 0.088. Ethereum ’s relative performance against Bitcoin is back under pressure.