List of Flash News about Ethereum lags Bitcoin
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2025-05-15 19:37 |
ETH Lags Behind BTC: How Ethereum Price Action Follows Bitcoin Breakouts and Breakdowns
According to @rektcapital, Ethereum (ETH) typically lags behind Bitcoin (BTC) during significant breakout and breakdown events. When BTC experiences a breakout but ETH remains weak, historical patterns suggest ETH will eventually follow and break out as well, albeit with a delay. Conversely, if BTC breaks down while ETH holds strong, ETH is likely to eventually mirror BTC's downward move. Traders should closely monitor BTC's price action as a leading indicator for ETH trading decisions, especially during periods of high market volatility (source: @rektcapital Twitter, June 2024). |