💣 BOMBSHELL !!!
PLANB: ETH/BTC RATIO HAS RETURNED TO 2016 LEVELS — ETH LAGS BEHIND BTC FOR A DECADE 📉
🛠 Analyst PlanB notes that ETH is trading around 0.026 BTC — equivalent to March 2016 levels, meaning Ethereum hasn't generated any alpha compared to Bitcoin over the past 10 years.
💰 ETH has failed to create a strong ETH/BTC bull cycle during the 2023–2024 period, unlike what occurred in 2017 and 2021.
📊 While BTC continues to be accumulated by institutions and ETFs, ETH's role as a store-of-value compared to BTC is increasingly being questioned.
Key question: Does ETH still hold the title of "digital silver" or has it lost its competitive edge against BTC in the long run?
#Ethereum #Bitcoin #ETHBTC #PlanB #CryptoAnalysis
$ETH $BTC $FIDA