#BTC# Según crypto analyst Ali Martinez posted on social platforms, ETH may have completed the clearing phase of this market cycle. He noted that ETH's "entity adjustment idle flow" has fallen below 1 million, and this on-chain indicator usually indicates a macro bottom area, indicating that ETH may be undervalued, long-term holders have no intention of selling, and there may be a situation where "smart money" is absorbing at a low level. ETH's current price is around $1,557, down 17% from two years ago, while BTC is up nearly 100% over the same period. While market sentiment remains subdued, Martinez warned that ETH could fall further to $1,200 if selling pressure continues. However, some analysts, NotWojak, believe that ETH is expected to break through and test $1,835. Other traders pointed out that BTC's market cap index (BTC. D) is nearing its highs, which may pave the way for a short-term altcoin rally. Currently BTC. D is about 63.5%. (NoticiasBTC)

BTC-2.78%
EL3.17%
ALI-2.98%
MART-1.65%
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