ETH/BTC, what does it reveal to you?

[isaac_clarke22]

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examplens pointed out a good explanation about the ratio of it. Usually traders use those as they are more predictable unlike any other altcoin pairs out there, although back then I still traded other coins like ADA with ETH, but the endpoint was still BTC/ETH since I was about to sell it in the end and my custodial wallet would not let me cash out any other crypto coins other than ETH or BTC so still it was like still a no-brainer choice for me.

Also worth mentioning that these two coins are popular and other coins tend to follow the movements of these two.

[Oshosondy]

also, any change was never drastic in the short term, and because of this bad positions did not necessarily bring big losses.
at least this was my case.

I have not be trading using the margin market, but just noticed that unstable coins are also paired, which is normal though, because margin market are using spot price and almost completely related to spot trading, aside that you can borrow with it to increase your margin ratio.  In future trading where trader can open position, only what I have noticed is that unstable coins are all pairs with only stable coins like USDT or USDC. To reduce the risk, money used would be reduced.

[justdimin]

I would say, ETH/BTC is a more predictable pair than some others.
I followed this pair before, and for some time the ratio was always approximately the same. also, any change was never drastic in the short term, and because of this bad positions did not necessarily bring big losses.
at least this was my case.

Yeah, that's mainly because both of them are coins that does well and I do not think that they ever had any big troubles which means that in the end they are going to be doing fine and we shouldn't be shocked about it. If the rate stays around the same, or at least goes to a place where it is totally understandable then we would be able to say that it's a good thing and it would be a common predicted thing.

If the price goes higher then it would be a bit different and weird. So, the success and top 1-2 ranking of these two makes sure that we are doing the right thing and that's a very important situation to be in, I can't say anything more praising about any other coin. They are just that much solid.

[xzy887]

So I saw some people discussing ETH/BTC ratio and I don't  understand why this is important.

ETH/BTC are the top 2 trusted coins in the market. The whole market depends on BTC.
But now the condition of BTC/ETH is very bad which makes the whole market worse. We can understand from market changes why BTC/ETH is reliable, market controlling and important.

[danherbias07]

In trading when I see that pair, the first thing that comes to my mind is "old school".
Nowadays, it won't be easy to use that pair as a trading substance. It requires a deeper analysis of the market unlike using pairs of BTC to stablecoins and the same with Ethereum and USDT, BUSD, or what you prefer.
It's profitable because of the recent big waves but you have to know what you are doing or you will end up losing more.
I don't go near that kind of pair anymore but instead, use the easier path.

[taufik123]

the majority of traders have switched and used the BTC/USDT, BUSD etc. pairs, because it is simpler and stablecoin fluctuations are still safer.
BTC and ETH if both crash, of course their value will also decrease, because the end goal remains stablecoins.

Currently the most popular and widely used crypto pair is BTC/USDT and second is ETH/USDT. while BTC/ETH is in position 13.
This proves that stablecoin pairs are chosen because they are more secure.


Source: https://www.coinlore.com/top-crypto-pairs

[theskillzdatklls]

At this point the ETH/BTC ratio is signaling to me a bunch of people that were buying up ETH to dump ETHW and are now trying to exit as fast as possible lol. Can't think of too many other theories that make much sense as it stands... unless you were to buy into the SEC narrative or similar.

[jossiel]

It's just a trading pair but, this is like the most superior of them all for which two coins that are most popular amongst the crypto market.

There's still a need to go over through the whole market and see where you can take advantage based on the market situation if you're a trader.

This shouldn't be a big deal though because most trades have their pairs and if you choose to be like what the others are doing, you can copy it.

[justdimin]

In trading when I see that pair, the first thing that comes to my mind is "old school".
Nowadays, it won't be easy to use that pair as a trading substance. It requires a deeper analysis of the market unlike using pairs of BTC to stablecoins and the same with Ethereum and USDT, BUSD, or what you prefer.
It's profitable because of the recent big waves but you have to know what you are doing or you will end up losing more.
I don't go near that kind of pair anymore but instead, use the easier path.

Old school is not always bad, there is this settled understanding in eth/btc pair that makes sure that people understand it because it has been like that for a long time. With this merger and other business it may look like it's corrupted a bit, but the understanding is still there, which is btc going up first, eth going up because of that but the pair lowering, and then when btc stops eth starting to go up because of that because people going into alts and ETH is a big part of that world.

So, basically it is a sorting type of deal, you first get into btc, then into eth and the pair is making you double profit that way, if you are at btc first then at eth, you could end up with more of them both at the same time when it's all done, but this requires bull market of course.

[sana54210]

Old school is not always bad, there is this settled understanding in eth/btc pair that makes sure that people understand it because it has been like that for a long time. With this merger and other business it may look like it's corrupted a bit, but the understanding is still there, which is btc going up first, eth going up because of that but the pair lowering, and then when btc stops eth starting to go up because of that because people going into alts and ETH is a big part of that world.

So, basically it is a sorting type of deal, you first get into btc, then into eth and the pair is making you double profit that way, if you are at btc first then at eth, you could end up with more of them both at the same time when it's all done, but this requires bull market of course.

Yeah true, but at the same time people are looking into newer stuff so that they could make a bit of a profit, that's a lot better for them if they could just enable some extra income way and that is why they are looking for bigger pairs. Not bigger in size, but bigger in potential, something you have never heard of vs bitcoin pair for example, or it could be in busd or usdt whatever.

Some small cap with like 100k volume, that would be the way. Why? Because one whale would mean they could profit like never before. I am not saying ETH/BTC pair is bad, all I am saying is that it's not the best ever and we shouldn't really compare it that way neither.