比推消息,CryptoQuant 最新报告指出,以太坊(ETH)相对于比特币(BTC)的市值与实现价值比率(MVRV)降至自 2019 年以来的低位,显示 ETH 可能被低估。历史数据显示,在类似水平时,ETH 通常会大幅上涨并跑赢 BTC。自 4 月底以来,ETH/BTC ETF 持仓比例显著上升,表明机构投资者预期 ETH 将优于 BTC,可能受到近期 Pectra 升级和宏观经济环境改善的推动。链上数据显示,ETH 的抛售压力减轻,交易量增加,支持其潜在上涨趋势。目前,ETH/BTC 价格比率已从 2020 年 1 月的低点反弹 38%,投资者和交易员押注 ETH 已触底,可能引发新一轮“山寨币季”。(CoinDesk)
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