The ETH/BTC trading pair has reclaimed its 20-day moving average after 96 days below it, despite a recent market correction. Ethereum's price fell over 4% in the past 24 hours, widening its short-term gap against Bitcoin. However, the pair remains within a stable range of 0.03100–0.03250 BTC, indicating no bearish structure. Trading volume increased by 10.45% to $34.7 billion, while Bitcoin maintained a tighter trading range. Analyst Michaël van de Poppe highlighted the breakout as a significant structural shift.
ETH/BTC Reclaims 20-Day MA Amid Market Correction
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