BlockBeats 消息,5 月 17 日,CryptoQuant 的一份新报告称,ETH 已悄然跌至历史罕见区间,因为一个市场信号显示,与 BTC 相比,ETH 被严重低估。
该信号来自以太坊的 ETH/BTC 市场价值与实现价值 (MVRV) 指标,是用于衡量市场情绪和历史交易模式的相对估值指标。
从历史上看,每当该指标达到类似的低水平时,ETH 都会实现显着上涨并大幅跑赢 BTC。CryptoQuant 认为,投资者似乎已经注意到了这一点。随着 ETH ETF 的需求急剧上升,ETH/BTC ETF 的持有比例自 4 月底以来大幅上升。这种配置转变表明,机构投资者预计 ETH 的表现将优于 BTC,这可能是受到最近 Pectra 升级或更有利的宏观经济环境的推动。
CryptoQuant 认为,目前 ETH/BTC 价格比率已大幅反弹,这表明投资者和交易员押注市场已经触底,“山寨币季节”可能很快到来。
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