Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report
Analysis from Fidelity Digital Assets says that multiple onchain metrics point to ETH price bottoming and being undervalued.
Key Takeaways:
Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount.
The BTC/ETH market cap ratio is at mid-2020 levels.
