Ethereum overtakes Bitcoin: increasing demand and lower sales pressure indicate upcoming Altcoin rally

Ethereum overtakes Bitcoin: increasing demand and lower sales pressure indicate upcoming Altcoin rally

Ethereum gains influence: increasing demand and lower sales pressure compared to Bitcoin

According to data from Cryptoquant, Ethereum shows signs of increased market position compared to Bitcoin. This is done in the middle of increasing demand and reduced sales pressure, which indicates that Ethereum is in a similar market environment as in periods before past Altcoin rallies.

The current trends in the cryptocurrency market indicate that investors are increasingly interested in Ethereum. At the same time, sales pressure on Bitcoin is lower, which increases the possibility of Ethereum to prevail in the market distribution. Historically, similar market conditions have often led to significant price increases in old coins.

The analysis of this data is of central importance for investors who are looking for the next major movements in the cryptocurrency market. The behavior of the investors, including an increased accumulation of Ethereum, could indicate an upcoming growth, especially if demand continues to increase and the sales volume drops.

Overall, these factors could indicate that Ethereum is in a solid position to benefit from a possible rally in the Altcoin sector.