Crypto asset analysis firm CryptoQuant released a report on the 23rd, analyzing whether Ethereum (ETH) has reached its bottom price. The firm suggests that it may still take some time before a final bottom is formed and before Ethereum begins to outperform Bitcoin (BTC).
Five indicators were examined: 'Comparison with Realized Price', 'ETH/BTC MVRV', 'ETF Holding Ratio', 'Exchange Inflow Ratio', and 'Spot Volume Ratio'...
