2026-01-12 06:31:06

#密码资产动态追踪 Ethereum and Bitcoin correlation becomes prominent, initial signs of a bearish pattern

Looking at last week's market trend, BTCUSDt and ETH showed a very close synchronization, forming a resonant bearish scenario. Traders can base their high short positions on this correlation logic.

Compared to BTC, ETH's recent volatility has narrowed, lacking strong downward momentum overall, mostly oscillating in a correction phase. The key resistance level at 3300 remains solid, making it difficult for a short-term rebound to break through effectively, which confirms the current market dominated by bears.

Specifically, the first target is around 3050, followed by the psychological level at 3000; if it effectively breaks below, it can continue downward. Positioning for a wave, there's no need to rush to cut losses, with the final target at 2940.

ETH6,11%

BTC3,05%

BNB3,17%

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GasFeeCrybaby

· 3h ago

3300 can't be broken, the bears are steady this time... but the 2940 level feels a bit uncertain.

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SatoshiHeir

· 7h ago

It should be pointed out that this "interconnectivity argument" appears too crude in the face of on-chain data. The correlation between BTC and ETH has been repeatedly demonstrated by academia as early as 2017, but you have overlooked a fatal logical flaw— the lack of effective value consensus driving, and purely technical resonance is essentially an illusion of game theory psychology.

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