🧚ETH network transaction fees have plummeted to just $0.09, despite a price increase of 2.94%, reaching $2,612.76. Gas metrics show a base fee of 1.615 Gwei, marking a recent historical low, reflecting a decrease in network congestion and a recovery in investor confidence🍁
🍎Currently, ETH's low trading levels relative to Bitcoin are reminiscent of the situation in 2019, when ETH subsequently surged and outperformed BTC
🐠Institutional investors are increasing their ETH holdings, expecting its performance to surpass BTC, possibly due to the recent Pectra upgrade
On-chain data indicates that sell pressure on ETH has weakened, with increased trading volume, signaling significant upside potential🚩🩵
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