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ETH/BTC Collapse Isn’t the End: Analyst Sees Silent Rebuild

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Market Musing-g

ETH/BTC Collapse Isn’t the End: Analyst Sees Silent Rebuild

ETHARBBTCBRIANAPRIL

By CryptoPotato_News

8 minutes ago

3 mins read

Table of Contents

The ETH/BTC Bloodbath

Comeback Starts with Tech, Not Hype

Ethereum’s ETH/BTC ratio has plunged 77% since December 2021, turning the once beloved altcoin into a punching bag for crypto traders.

However, beneath the sliding metrics and bearish sentiment, analysts argue that developments being carried out on the network could set the stage for a long-term rebound.

The ETH/BTC Bloodbath

According to an April 11 report from Santiment analyst Brian Q, since its peak in late 2021, the ETH/BTC ratio has cratered by 77%, leaving long-term holders frustrated. In the last three years, anyone who bought the asset near its all-time high (ATH) of $4,800 hasn’t had a profitable exit.