ChainCatcher news, CryptoQuant posted on social media stating that Ethereum may have bottomed compared to Bitcoin. The ETH/BTC ratio soared 38% from a five-year low. Demand is rising, dumping pressure is decreasing, and ETFs are accumulating. This may signal the start of alt season.
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Analyst: ETH/BTC Rebound 38%, may initiate a new alt season
ChainCatcher news, CryptoQuant posted on social media stating that Ethereum may have bottomed compared to Bitcoin. The ETH/BTC ratio soared 38% from a five-year low. Demand is rising, dumping pressure is decreasing, and ETFs are accumulating. This may signal the start of alt season.