Statistics suggest that the Ethereum (ETH) exchange rate may soar following the price of bitcoin when the bullish rally stops in the BTC market. Crypto whales and ordinary traders are in no hurry to part with coins. This is evidenced by data on the inflow and outflow of capital from crypto exchange accounts, as well as fluctuations in the profit coefficient from sold coins (SOPR). Historically, Ethereum benefits more than other cryptocurrencies from capital rotation after the completion of the bullish trend in the bitcoin market. For this reason, IntoTheBlock analysts believe that the price of ETH will fly up if the BTC rate consolidates at the gained height. That is, the influx of capital into Ethereum should be expected after the stop of the bullish rally in the bitcoin market, which will mark the beginning of the altcoin season. ⚠️This information is not an investment recommendation❗️
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