Analysis: ETH/BTC exchange rate has risen by 30% in the past month, and Ethereum may break through

The ETH/BTC exchange rate has continued to rise recently, rising 30% in the past month, indicating stronger demand for ether, and analysts believe that the ETH/BTC exchange rate broke through the cup handle pattern may mark the beginning of a new round of "counterfeit products season".
Meanwhile, the US spot Ethereum ETF has recorded net inflows for 12 consecutive days, indicating the growing interest of institutional investors in ETH. In contrast, the spot Bitcoin ETF saw outflows for three consecutive days between May 29 and June 2, totaling $1.23 billion. (Cointelegraph)