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📉 Is ETH undervalued vs BTC?


According to CryptoQuant, the ETH/BTC MVRV ratio has dropped to ~0.4—its lowest level since 2019⚠️
Historically, such levels often preceded strong ETH outperformance vs BTC
📊 But short-term headwinds remain:
1️⃣ Supply pressure
2️⃣ Weak demand
3️⃣ Low on-chain activity
Is this the calm before a bullish reversal—or a value trap?⏳
#Ethereum # bitcoin
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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