According to @Excellion, Bitcoiners should not be concerned about ETHBTC breaking its downward trendline because Ethereum has historically been used as a vehicle to acquire more Bitcoin, including during the ICO era and now. Source: @Excellion. The author frames ETH strength versus BTC as a rotation window to accumulate BTC rather than a structural shift in market leadership. Source: @Excellion. For traders, this thesis suggests prioritizing BTC accumulation during periods of ETH outperformance on the ETHBTC pair. Source: @Excellion.

According to Michaël van de Poppe (@CryptoMichNL), the ETH/BTC pair experienced a sharp cascade down after breaking its trendline, confirmed by a significant spike in trading volume. This volume surge indicates multiple trading triggers were activated, suggesting this price zone may offer favorable entry points for traders seeking to capitalize on potential reversals or consolidations. Market participants should closely monitor this area for possible short-term trading opportunities, as large volume spikes often precede notable price movements. (Source: Twitter/@CryptoMichNL, June 22, 2025)

According to WallStreetBulls, the Micro E-mini Nasdaq-100 Index has plummeted to 19,225.75. The Relative Strength Index (RSI) at 63.87 indicates overbought conditions, suggesting potential for further decline. A break in the trendline supports a bearish outlook, prompting traders to consider exiting positions to avoid further losses.