Crypto analyst Benjamin Cowen, Ethereum $2,712.97‘s Bitcoin 
$97,145.34 He stated that the current price level opposite is attractive for investors. Cowen said that the ETH/BTC ratio could offer a potential opportunity when evaluated at 0.03 levels, and suggested that alternative digital assets could prepare the basis for the increase in the increase in the increase of the alternative digital assets. The analyst drew attention to the importance of investors closely monitoring developments in the market.
ETH/BTC ratio and sub -season expectations
Cowen, ETH/BTC ratio of 0.02806 BTC level, and increased by 1.3 percent during the day, he said. Analyst emphasized that the ETH/BTC ratio may decrease to lower levels, but it was not enough to stay near this level for the beginning of the lower period. It was expected that the ratio is expected to rise in order to activate the lower period.
Developments under BTC domination
Benjamin Cowen, BTC domination rate is one of the elements that determine the lower season process, he said. Market observers report that Bitcoin’s share in the market can support the rise of alternative digital assets. Analyst, Bitcoin dominance at high levels of watching may be a positive sign, he added.
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The following statements reflect Benjamin Cowen’s views:
Benjamin Cowen: “In general, I think the ETH/BTC ratio is lower than 0.03. However, the alternative period may be delayed unless it does not tend to rise. ”
Cowen also said that although the ETH/BTC ratio could go down further, it does not have the need to make a new assessment due to its closer to the current level. This approach may indicate the continuous uncertainties in the market. Investors were recommended to follow both ETH/BTC ratio and changes under BTC domination.
News includes evaluations on how to shape market expectations of the relationship between ETH and BTC. Investors should take cautious steps considering the general appearance of the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
