In history, there have been only two instances when the ETH\BTC exchange rate fell below 0.02
The first time was in October 2019, at the end of the crypto winter, and at the beginning of the DeFi bull market.
The second time is now, with the entire network bearish on $ETH, yet large institutions continue to buy, and the Ethereum staking ETF is about to be approved.
What do you think will happen next?
I don't understand much else; I only look at the data.
