The dynamic that we're seeing right now with $COIN ripping & $ETH stalling reminds me a lot of October 2024 when $MSTR was breaking out to new highs & $BTC hadn't (yet).
There is so much alpha in studying the relationships between crypto stocks & spot crypto.
I fully expect in the coming weeks that $ETH will put in a comparable move to what $COIN just did. They have had a strong positive correlation for years & I don't expect that to change. HIGHER!
15.35K
298
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.