PANews reported on May 17 that CryptoQuant tweeted that Ethereum may have bottomed out compared to Bitcoin. The ETH/BTC ratio has soared 38% from a five-year low. Demand is rising, selling pressure is falling, and ETFs are increasing their holdings. This may herald the beginning of the alt season.
CryptoQuant: Ethereum may have hit bottom, and the alt season may begin
Share to:
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PA一线4 hour agoPA一线7 hour ago
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
AI Agent: A Journey to Web3
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this adventure together!