Ethereum's significant 150% outperformance against Bitcoin has stalled, with the ETH/BTC ratio experiencing 40 days of stagnation. This pause has raised concerns about the stability of altcoins relative to Bitcoin. Analyst Daan Crypto Trades highlights that the ETH/BTC ratio is currently in 'no man’s land,' suggesting that a move above 0.041 or a retest of 0.032 is necessary to reignite interest. Meanwhile, technical analyst GeoMetric points to potential market reversals, noting breakout signals on the 4-hour chart for Bitcoin, Ethereum, and other altcoins.
Ethereum's 150% Outperformance Over Bitcoin Stalls
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