QCP Capital: ETH's recent performance is strong and is expected to retest historical highs, the next key resistance level for ETH/BTC is at 0.04

【QCP Capital: ETH's recent performance is strong and is expected to retest historical highs, the next key resistance level for ETH/BTC is at 0.04】Golden Finance reports that QCP Capital's latest analysis points out that after the PCE price index met expectations, BTC returned to the $95,000 mark. ETH performed strongly, with a rise of 11.65% yesterday, reaching a high of $3,688. The current ETH/BTC ratio is 0.03760, up 17.8% from last week, with the next key resistance level at 0.0400. Meanwhile, BTC's market capitalization share has fallen from a high of 61.50%. The ETH spot ETF continues to record strong net inflows, with $90.1 million flowing in yesterday, maintaining positive growth for four consecutive days. Considering that ETH's rise in this bull market has lagged behind BTC and SOL, its recent strong performance supports the expectation of retesting the historical high of $4,868, which still has an upside potential of 35.4% from the current price.