ETH/BTC Price Prediction: Is Ethereum Price Reversing or Is It a Bull Trap?

ETH/BTC Price Forecast: Does Ethereum’s Price Reversal Indicate a Bull Trap or Genuine Growth?

In the past 24 hours, Ethereum’s price has surged by 5.6%, reaching approximately $3,070, during the European business hours. This upward movement coincides with Germany’s ongoing sell-off of Bitcoin. Additionally, BTC has experienced a 3.4% increase over the same time period, currently being traded at $57,189.