Altcoin Market Hits Record Oversold Levels as Ratio Nears Key Support Against Ethereum

Crypto markets are facing record levels of undervaluation against Ethereum. The altcoin-to-Ethereum ratio stands near 0.53, a level that’s nearing historical support points. This comes as analysts identify the current market volatility in altcoins as an opportunity to capitalize on both high price swings and stable trading conditions, while also noting the extreme undervaluation of crypto assets outside of Ethereum.