Can Ethereum Overcome Rising Supply and Weakened Demand? The Pectra Upgrade’s Role

Ethereum may be poised for a comeback as the latest on-chain data from CryptoQuant signals a rare undervaluation relative to Bitcoin, hinting at a possible accumulation phase. The analytical platform’s data indicated that ETH/BTC MVRV is low, signaling a possible entry point for buying. Historically, ETH outperformance has been preceded by such low levels. However, […] The post Can Ethereum Overcome Rising Supply and Weakened Demand? The Pectra Upgrade’s Role appeared first on Coin Edition.