
Analyst Benjamin Cowen notes that Ethereum (ETH) has returned to a long-term logarithmic support zone, which he refers to as its 'home' band. Despite some individual altcoin rallies, the collective altcoin market has underperformed ETH significantly, dropping 40% against it since it reached this level. This suggests investors should evaluate altcoin performance relative to Ethereum, not just in USD terms, as holding ETH has been the superior strategy in this market phase.

By intocryptoverse
CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8