Ether’s price metrics are flashing signals that the long-awaited altcoin season (altseason) may be around the corner. According to a by the market analytics platform CryptoQuant, the relative price of ether (ETH) compared to bitcoin (BTC) may have seen the bottom for this cycle. In the last seven days, the ETH/BTC price ratio has surged 38% from its lowest level since January 2020. Still, the metric needs to rally above its 365-day moving average before ETH can record a new and sustainable leg against BTC.ETH Dips Into Undervaluation Zone, Is Altseason Around the Corner?

• By Team Sineira in News, Traceability