The ETH/BTC price ratio increased significantly by 38% last week, following a low not seen since January 2020. This increase may point towards a shifting trend in favor of Ethereum.
Onchain analysis indicates that institutional interest in Ethereum is rising, with ETF holdings increasing since late April, reflecting bullish sentiment and growing investor confidence.
Despite the recent surge, analysts caution that the ETH/BTC price ratio must surpass its one-year moving average to confirm a sustained upward trend. Technical validation remains essential for future momentum.
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