Matrixport Lianchuang: ETH/BTC is expected to fall below 0.05 and stabilize between 0.0475 and 0.05
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.
You may also like
The HyperLiquid team has unstaked 2.6 million HYPE tokens, of which 609,000 were sent to an OTC platform.
Publicly listed company Prenetics increases its total bitcoin holdings to 504.
BTC holdings of the Australian Monochrome spot Bitcoin ETF have risen to 1,158.