The ETH BTC ratio, a crucial metric for traders assessing Ethereum’s performance against Bitcoin, has entered a stabilization phase since mid-May. This ongoing consolidation suggests underwhelming performance of altcoins as they struggle to catch up with Bitcoin’s gains. Traders are expressing caution as the crypto market seems hesitant about committing to altcoins during this period. Understanding the implications of the ETH BTC ratio may offer insights for investors looking to navigate potential market shifts. Observing how this ratio evolves will be key in determining if alts can soon rebound or if more time is needed for a sustainable recovery.