The ETH/BTC pair is near cycle lows, with 0.05 BTC as key support. A weakening BTC dominance might shift investor capital to ETH, potentially reversing the current trend.
The declining U.S. Dollar Index could channel more investments into cryptocurrencies. Historical data suggests that as the dollar weakens, liquidity inflows into BTC and ETH typically rise.
Positive MACD signs indicate a possible breakout for ETH/BTC. However, historical liquidity trends show potential risks, as ETH’s performance has closely mirrored that of BTC.
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