The Psychology Trap: Why Most Traders Miss the Biggest Moves as ETH/BTC Breaks Out
- ETH/BTC breaks out after months of consolidation, signaling a trend reversal.
- Many traders fall into a psychology trap, hesitating for the “perfect” entry and missing key opportunities.
- Momentum may pause briefly, but technical indicators suggest stronger gains ahead for Ethereum and altcoins.
Most traders fall into a psychological trap that causes them to miss major moves, but the recent ETH/BTC breakout signals a warning to act now.
According to a chart shared by “Our Crypto Talk,” Ethereum has broken out against Bitcoin after a months-long consolidation. This has raised the possibility that a new altseason is beginning. The analysis warns that traders watching from the sidelines risk missing the next biggest move in crypto.
ETH/BTC Breakout Marks Technical Turning Point
Notably, the ETH/BTC ratio broke above a consolidation range this week. After bottoming near 0.01800 in April, Ethereum steadily climbed and recently broke out of a long-held consolidation zone between 0.02400 and 0.02600 in what analysts describe as an accumulation phase.
Now, Ethereum appears to be gaining momentum, outperforming Bitcoin as it reclaims key resistance leve…
The post The Psychology Trap: Why Most Traders Miss the Biggest Moves as ETH/BTC Breaks Out appeared first on Coin Edition.
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The Psychology Trap: Why Most Traders Miss the Biggest Moves as ETH/BTC Breaks Out
- ETH/BTC breaks out after months of consolidation, signaling a trend reversal.
- Many traders fall into a psychology trap, hesitating for the “perfect” entry and missing key opportunities.
- Momentum may pause briefly, but technical indicators suggest stronger gains ahead for Ethereum and altcoins.
Most traders fall into a psychological trap that causes them to miss major moves, but the recent ETH/BTC breakout signals a warning to act now.
According to a chart shared by “Our Crypto Talk,” Ethereum has broken out against Bitcoin after a months-long consolidation. This has raised the possibility that a new altseason is beginning. The analysis warns that traders watching from the sidelines risk missing the next biggest move in crypto.
ETH/BTC Breakout Marks Technical Turning Point
Notably, the ETH/BTC ratio broke above a consolidation range this week. After bottoming near 0.01800 in April, Ethereum steadily climbed and recently broke out of a long-held consolidation zone between 0.02400 and 0.02600 in what analysts describe as an accumulation phase.
Now, Ethereum appears to be gaining momentum, outperforming Bitcoin as it reclaims key resistance leve…
The post The Psychology Trap: Why Most Traders Miss the Biggest Moves as ETH/BTC Breaks Out appeared first on Coin Edition.
Read More