QCP Capital pointed out in a recent post that after the PCE price index met expectations, BTC returned to the $95,000 mark. ETH performed strongly, with an increase of 11.65% yesterday, reaching a high of $3,688. The ETH/BTC ratio is currently 0.03760, up 17.8% from last week, with the next key resistance level at 0.0400.
Meanwhile, BTC's market capitalization share has retreated from the 61.50% peak. ETH spot ETF has continued to record strong net inflows, with an inflow of $90.1 million yesterday, maintaining positive growth for four consecutive days.
Considering that ETH's gains in this bull market have lagged behind BTC and SOL, its recent strong performance supports the potential to retest the historical high of $4,868, which still has an upside of 35.4% from the current price. #DYOR42711