ETH/BTC Ratio at Historic Lows: Time to Rotate?

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max.moonMember
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#1Oct 4, 2022, 09:54 PM
I’ve been watching the gold/silver ratio for a while, and it really shows how traders move money around. When silver gets cheaper compared to gold, people jump on silver. Seems like the same logic applies to crypto, right? Currently, the ETH/BTC ratio is about 0.028, which is kinda wild since we haven’t seen numbers like that since 2020. Just to give some perspective: In 2020, it hit around 0.020, and ETH then shot up like crazy compared to BTC. Then in 2022, it dropped to about 0.050, and guess what? ETH still did better than BTC. Now we’re back down to 0.028, which feels like that "historically cheap" zone again. But I’m not saying just rush to buy ETH or anything. Gotta be cautious, ya know?
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