Analyst: Ethereum's ten-year performance has lagged behind Bitcoin, and the ETH/BTC ratio has now returned to 2016 levels

Golden Finance reports that on-chain analyst PlanB stated that, although he does not want to belittle Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. Currently, the ETH/BTC ratio is about 0.026, similar to the level in March 2016; during the 2023/2024 Bitcoin bull market, Ethereum did not experience a significant surge. Similar situations also occurred in 2017 and 2021, and even now, Ethereum still lacks upward momentum relative to Bitcoin.
ETH3.98%
BTC2.05%
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