Ratio 🚨 LATEST: ETH/BTC Hits 4-Year Low

📉 ETH/BTC has dropped to 0.018, its lowest level since January 2020, according to Glassnode.

Despite the broader crypto market showing bullish momentum, Ethereum continues to underperform Bitcoin, breaking historical cycle norms where ETH typically gains strength in bullish phases.

📊 Key Takeaways:

- BTC dominance is climbing, sucking liquidity away from ETH and altcoins.

- ETH's weakness may be due to ETF uncertainty, profit-taking, or macro rotation into BTC-led assets.

- Historically, such deep underperformance zones have preceded ETH outperformance later in the cycle.

📌 Conclusion:

While ETH remains under pressure, this divergence could present an opportunity if history repeats. Monitor closely for signs of a trend shift.