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@maksym1991.eth
ποΈ CryptoQuant: ETH has lagged behind BTC by 44% since transitioning to Proof-of-Stake. Analysts also emphasized that ETH continues to lag behind BTC even after the adoption of an ETF. The undervalued zone for ETH is 0.02. Therefore, the asset will likely need to drop even further. The ETH/BTC price is currently 0.0425 β the lowest level since April 2021. CryptoQuant also noted that Ethereum is trailing Solana and BNB by 53% and 18%, respectively.
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