According to Wu Blockchain, on-chain analyst PlanB posted that while he doesn’t intend to downplay Ethereum, the ETH/BTC trend shows that Ethereum has underperformed Bitcoin over the past decade. Currently, the ETH/BTC ratio is still around 0.026, which is comparable to the levels of March 2016. During the Bitcoin bull markets of 2023/2024, Ethereum did not see significant gains, a pattern also observed in 2017 and 2021. Even now, Ethereum lacks upward momentum relative to Bitcoin. https://(wublock123.com)/news/analyst-ethereum-underperforms-bitcoin-eth-btc-ratio-back-to-2016-62370