⬤ Crypto Tony recently laid out his game plan for the ETH/BTC pair, and it's pretty straightforward: wait for a bigger dip before loading up on altcoins. His chart shows a corrective pattern with projected lower lows ahead, meaning he's looking to buy into weakness rather than chasing current levels. The message is clear—patience now, accumulation later.
⬤ The crypto space is also dealing with some macro headwinds, particularly around tax policy and reporting rule changes. While these proposals don't target ETH or BTC directly, they're adding operational pressure across the industry—especially for smaller firms that might struggle with compliance costs. It's all part of the broader backdrop that shapes liquidity and investor sentiment, making timing strategies like this one even trickier.
⬤ The chart itself tells an interesting story. Crypto Tony marks one zone with "EVERYONE AND THEIR MUMS BULLISH HERE," suggesting the current bounce might be a trap where sentiment gets too optimistic too soon. His real interest lies further down, in a lower support zone labeled "BUY LONG TERM ALTS DOWN HERE." No exact prices are given, but the directional bias is obvious: let it drop first, then go long.
⬤ Why does this matter? ETH/BTC is basically a barometer for altcoin strength. When it drops, altcoins usually follow—and that can reset valuations and create better entry opportunities. With regulatory uncertainty still hanging over the market, having a structured plan around ETH/BTC could help traders position themselves before sentiment flips and money starts rotating back into higher-risk assets.
Peter Smith
Peter Smith