An analysis has emerged suggesting that Ethereum (ETH) is showing a more favorable trend in the short term compared to Bitcoin (BTC). The cryptocurrency sentiment analysis firm Santiment recently diagnosed that Ethereum, which is showing a steady upward trend without excessive investor optimism, is in a more advantageous position compared to Bitcoin in an overheated market atmosphere.
Santiment stated on its official X account on the 28th, "While Ethereum supporters remain relatively quiet, ETH has recorded quite excellent performance over the past three months." In fact, according to TradingView data, the ETH/BTC ratio, which indicates Bitcoin's strength relative to Ethereum, has risen by 32.9% over the past 30 days. This is an indicator showing Ethereum's relative price strength.
This trend can be seen as a positive sign for Ethereum in terms of short-term directional movement. Santiment noted, "While Bitcoin experiences dip buying during price drops, the DIP buying tendency for Ethereum is relatively weak," and evaluated this as "a positive signal that establishes a stable upward basis without market overheating."
However, Ethereum's price has yet to surpass its all-time high recorded in 2021. Nevertheless, some experts believe that ETH's recent upward trend, which has steadily secured support even amid decreased market interest, increases the possibility of showing strength in the short term compared to Bitcoin.
Ethereum, which continues a stable upward trend with less excessive expectations, is demonstrating a differentiated investment flow compared to the highly volatile Bitcoin. Attention is focused on how the relative strength of ETH and BTC will unfold in the future.
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