Matrixport: ETH/BTC may first fall to 0.05 and then rise to 0.06
ChainCatcher news, Daniel Yan, founder of Kryptanium Capital and co-founder of Matrixport, posted on social platforms that although the price of ETH may benefit in the long term, due to ETH's steep learning curve and lack of proof-of-stake benefits, ETH may see The trust fund (ETHE) has seen continued net outflows, rather than net inflows.
He said that ETH/BTC may first drop to 0.05 before rising to 0.06.
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
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.