Ethereum / Bitcoin
Long

"I wish I had BTC instead of ETH, meh"

66
ETH in USD terms is down 30% in a month, 42% YTD, and up 1000% in 5 years.
But my focus isn't on ETHUSD - I come to shed light on ETHBTC

That is, ETH compared to BTC - you see, since 2021 they made fun of me.
For being a bitcoin Maxi.

The sad ironic truth - it didn't matter, due to taxes, interest & inflation I had to sell both.

Now I'm a window charter.


Pine Script®
At least I can, for now, afford $20 a month for ChatGPT subscription to do this:


ETH/BTC Ratio Analysis:
As of March 18, 2025, the ETH/BTC ratio stands at approximately 0.0234, indicating that one Ethereum is worth about 2.34% of one Bitcoin. This ratio has declined significantly from its lower peak of 0.088 in December 2021, reflecting Ethereum's underperformance relative to Bitcoin over the past few years. ​

Current Market Dynamics:
The cryptocurrency market has experienced notable shifts, with Bitcoin maintaining its dominance as the leading digital asset. Ethereum, while still a major player, has faced challenges such as network scalability issues and increased competition from other blockchain platforms. These factors and others have contributed to the widening gap between Bitcoin and Ethereum valuations. ​

Potential Opportunity:
Despite the recent underperformance, Ethereum's current valuation relative to Bitcoin may present a strategic entry point for investors. The low ETH/BTC ratio suggests that Ethereum is undervalued compared to Bitcoin, providing potential for higher returns if Ethereum regains strength. Factors such as upcoming network upgrades, increased adoption of decentralized applications (dApps), and the growth of decentralized finance (DeFi) could catalyze Ethereum's resurgence. ​

Considerations:
Investors should conduct thorough research and consider their risk tolerance before making investment decisions. The cryptocurrency market is highly volatile, and past performance is not indicative of future results.

Conclusion:
The current ETH/BTC ratio reflects Ethereum's underperformance relative to Bitcoin. However, this disparity may offer a strategic opportunity for investors anticipating Ethereum's potential recovery and growth in the evolving digital asset landscape.

Disclaimer

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