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Analyst: ETH/BTC Rebounds 38%, Potentially Initiating a New Altcoin Season

Analyst: ETH/BTC Rebounds 38%, Potentially Initiating a New Altcoin Season

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ChaincatcherChaincatcher2025/05/17 13:23

CryptoQuant stated on social media that compared to Bitcoin, Ethereum may have already bottomed out. The ETH/BTC ratio has surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are increasing their holdings. This could signal the start of altcoin season.

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