Analyst: ETH/BTC Rebounds 38%, Potentially Initiating a New Altcoin Season
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CryptoQuant stated on social media that compared to Bitcoin, Ethereum may have already bottomed out. The ETH/BTC ratio has surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are increasing their holdings. This could signal the start of altcoin season.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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