QCP Capital: ETH has recently shown strong performance and is expected to retest its historical high. The next key resistance level for the ETH/BTC ratio is at 0.04

On November 28, the latest analysis from QCP Capital pointed out that after the PCE price index met expectations, BTC returned to the $95,000 mark. ETH performed strongly, with a rise of 11.65% yesterday, reaching a high of $3,688. The current ETH/BTC ratio is 0.03760, up 17.8% from last week, with the next key resistance level at 0.0400. Meanwhile, BTC's market value share has fallen from a high of 61.50%. The ETH spot ETF continues to record strong net inflows, with an inflow of $90 million yesterday and positive growth for four consecutive days. Considering that ETH's increase in this bull market lags behind BTC and SOL its recent strong performance supports its hope to retest its historical high point of $4,868 which still has room for a further increase by 35.4% compared to the current price.