Svmuu News: Crypto influencer nobrainflip posted on X, stating that he plans to make a significant purchase in the $1,070 to $1,370 range and believes ETH’s downside potential is limited. He pointed out that while the market generally expects ETH to underperform BTC in the future, ETH is actually in an “extremely oversold” state, which is why he has chosen to take a contrarian position.
The current ETH/BTC exchange rate has fallen to extremely low levels, and the market is treating ETH as a “run-of-the-mill altcoin,” yet both ETH and BTC are among the two major blue-chip assets in the crypto market: both have established supply, face no internal unlocking pressure, and have withstood over a decade of market validation. The biggest difference between the two lies in holding returns—BTC itself does not generate returns, but most ETH can generate returns through staking.
However, nobrainflip clarified that he is not bearish on BTC and still holds both BTC and ETH; he simply believes that ETH—which has been abandoned by the market at present—may be a more value-for-money asset. His trading plan is as follows: buy ETH in batches within the $1,370 to $1,070 price range, complete the majority of his position around $1,070, and set a stop-loss if the price falls below $800.