Analysis: ETH/BTC has risen 30% in the past month, Ethereum may see a breakthrough

Odaily News The ETH/BTC exchange rate has continued to rise recently, up 30% in the past month, indicating stronger demand for Ethereum. Analysts believe that the ETH/BTC exchange rate breaking through the cup-handle pattern may mark the beginning of a new round of "altcoin season."
Meanwhile, the US spot Ethereum ETF has recorded net inflows for 12 consecutive days, indicating the growing interest of institutional investors in ETH. In contrast, the spot Bitcoin ETF saw outflows for three consecutive days between May 29 and June 2, totaling $1.23 billion. (Cointelegraph)