Arthur Hayes: ETH/BTC Bottom Rebound, Ethereum May See Capital Inflow

This observation from a prominent market voice carries weight because it flags a potential shift in relative positioning between Ethereum and Bitcoin, which could ripple through portfolio allocations and sentiment. If the ratio is indeed turning, it suggests capital may be rotating toward ETH, possibly reflecting a broader appetite for risk-on assets or a reassessment of Ethereum's fundamentals. The key question is whether this rebound has sustained momentum or is merely a short-term correction within a longer downtrend. Watching whether on-chain activity and institutional flows corroborate this signal will be more telling than the ratio alone.