ETH-BTC ratio bottomed in April, mirrors 2019 cycle: Analyst

An analyst suggests that the ETH-BTC trading ratio reached its lowest point in April, similar to patterns observed in the 2019 cryptocurrency cycle. This historical comparison indicates potential for a bullish reversal for Ethereum against Bitcoin. The analyst emphasizes that such trends could signal a shift in market dynamics, potentially benefiting ETH holders. The observation aligns with broader market sentiments as investors look for signs of recovery in altcoins.

Read the full article: Coin Telegraph

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