Analysis: BTC and ETH price ratio reaches key support level, which may make ETH be seen as a "value" investment

Odaily Planet Daily Report: An analyst said that Bitcoin's performance has surpassed Ethereum, and the price ratio between the two has reached a historical critical support level. This has made Ethereum seen as a "value-type" investment. In this frenzy, there has even been a benchmark for measuring Bitcoin. An analyst believes that the price of Bitcoin is still cheap compared to other cryptocurrencies, especially Dogecoin. Dogecoin has risen by more than 300% this year. But this is not just about cryptocurrency analysis, as the market has seen bizarre phenomena such as the cryptocurrency. A squirrel named "Peanut" in New York City became a controversial focus due to its popularity on social media, and a cryptocurrency was subsequently created, whose market value once exceeded $1 billion. This absurd phenomenon has sparked discussions about market bubbles. (Barrons)