Recently, a notable divergence has been observed in the performance of Bitcoin and Ethereum, which may indicate an impending market shift.
Bitcoin's Performance Lead Emerges
Since the beginning of 2024, Bitcoin has systematically outperformed Ethereum, demonstrating a 74% increase compared to a 28% decline for ETH. This has created a significant performance gap.
Current Market Situation
Currently, Bitcoin's dominance appears overextended, while Ethereum seems undervalued and under-owned. Studies show that as Bitcoin prices rise, capital is shifting, which could further weaken ETH's position.
Outlook for Ethereum
Some analysts believe the market may be entering a phase where capital starts rotating from Bitcoin into alternative coins, especially Ethereum. This could lead to recovery in its price positions, particularly amid stabilizing macroeconomic conditions.
In light of the current market changes, investor attention may return to Ethereum, presenting opportunities for its growth in the coming months.