- ETH rebounds 38% from April lows
- ETH/BTC ratio is 0.024, down 75% from highs
- Market suggests an approaching altseason

ETH has rebounded 38% from April lows against BTC, reaching its highest level in May 2025. CryptoQuant analysts note this trend while the exchange inflow ratio minimizes, indicating potential for Ethereum’s value appreciation. The market’s eager interpretation could be signaling an approaching altseason.
The ETH/BTC ratio’s recovery signals Ethereum’s potential to diversify market dynamics. Analysts observe declining exchange inflow ratios paralleling long-term value interest, possibly indicating shifted market priorities from Bitcoin to Ethereum as a viable alternative.
Ethereum’s exchange inflow ratio has dropped to its lowest level since 2020, suggesting accumulation behavior among ETH holders. – CryptoQuant Analyst, CryptoQuant
CryptoQuant’s recent analysis highlights Ethereum’s notable exchange inflow ratio drop since 2020, reflecting accumulation behavior from ETH holders. This trend is pivotal, showing growing confidence in the asset’s potential. Price volatility remains, with ETH’s daily gains reaching 6.04% and losses up to 2.63% in May 2025.
Ethereum’s undervalued state, at 0.024 BTC per ETH, reflects its significant gap from all-time highs, suggesting investors might capitalize on potential growth. Analysts are scrutinizing ETH’s MVRV metrics, hinting at discount valuations. The looming possibility of altseason remains under consideration by those tracking Ethereum’s market progress.
Potential outcomes if current metrics hold could enhance Ethereum’s stance against Bitcoin, impacting the alternative cryptocurrency market. Historical precedent reflects notably undervalued positions during previous cycles hinted at long-term value potential. Insights derived from CryptoQuant and other analytical reports may guide investor expectations on Ethereum’s trajectory.