以太坊触底

ETH / BTC May Have Rebounded from the Bottom? Multiple Data Points Indicate Growing Demand for Ethereum

According to recent observations and analyses by CryptoQuant, Ethereum (ETH) may have bottomed out relative to Bitcoin (BTC), with the current ETH/BTC ratio soaring 38% from a five-year low. This increase in ratio reflects growing investor demand for Ethereum, while selling pressure is weakening.

Notably, since April, the influx of ETF funds has surged sharply, a trend that may suggest fund managers are increasing their allocation to Ethereum in anticipation of potential market positives. Additionally, Ethereum's recent Pectra expansion upgrade and a favorable macroeconomic environment for Ethereum have also played a relevant role in this momentum.

Meanwhile, according to another data analysis chart from CryptoQuant, the ETH/BTC exchange trading volume ratio has fallen to its lowest point since 2020, with signs of a weekly reversal.

Furthermore, in terms of weekly trading volume and price ratios between Bitcoin and Ethereum, Ethereum is outpacing Bitcoin in both trading volume and price performance, which may indicate an increase in market interest and confidence in Ethereum.

Conclusion:

In summary, multiple data indicators from CryptoQuant point to a trend of growing demand for Ethereum and weakening selling pressure.

Simultaneously, the rebound of the ETH/BTC ratio, rising ETF fund inflows, declining exchange inflows, and Ethereum's outperformance in trading volume and price against Bitcoin all seem to suggest increasing market interest in Ethereum and enhanced investor confidence.

Therefore, if historical patterns can repeat, Ethereum is likely to regain some market share and lead the altcoin market into a new growth cycle.

What do you think about the viewpoint that ETH/BTC has already bottomed out? Are there any other indicators or data that can support this view? Leave your thoughts and analysis in the comments section!

#以太坊触底 #ETH/BTC #CryptoQuant分析