Strategist: ETH/BTC exchange rate may have bottomed out, and breaking through this month’s high will drive a trend reversal

On February 18, according to CoinDesk, LMAX Group market strategist Joel Kruger said that the current Ethereum price trend shows signs that it may end the decline compared to Bitcoin for many years.

Kruger said in a market report on Monday: “There are signs that Ethereum may finally bottom out after a long-term downward trend compared to Bitcoin. We believe that it is very important to keep a close eye on the current monthly high of the ETH/BTC exchange rate. If it breaks through and exceeds the current monthly high, it will help promote the prospect of a trend reversal.”

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