It’s Time for Crypto Traders To Get Greedy, According to Analyst Nicholas Merten – Here’s His Take on Bitcoin and Ethereum

It’s Time for Crypto Traders To Get Greedy, According to Analyst Nicholas Merten – Here’s His Take on Bitcoin and Ethereum


A widely-followed crypto analyst says right now is not the time to be calling for a bear market, despite worrisome price action.

DataDash host Nicholas Merten tells his 516,000 YouTube subscribers that the Ethereum to Bitcoin ratio (ETH/BTC) shows that a risk-on sentiment is still proliferating in the crypto markets.

“Taking a look here at the ETH/BTC ratio, the absolute reversal we’ve seen here over the past few hours where we’ve been seeing the ratio picking up and almost getting back to the highs here, the highest level we’ve seen since January. This, especially with the volume kick-up we had here on Binance yesterday is absolutely fascinating and one which cannot be ignored.

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That’s why I’m again not emphasizing absolute bearishness and FUD [fear,

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