ETHBTC 30-day correlation near all-time highs

In general, the very strong correlation depicts an inactive market with no substantial altcoin rotation.
Source: Tradingview (Coinbase)

The 30-day correlation between ETH and BTC currently sits at 0.97. This is extremely high, and the rolling 30-day correlations between ETH and BTC have only been higher in three periods prior to this.

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