- Altcoin-to-Ethereum ratio is at 0.53, nearing the 0.50 support that has historically marked ETH dominance.
- RSI at 23.79 signals extreme oversold conditions for altcoins, far below the neutral 50 and key 30 level.
- Analyst Michael van de Poppe notes fund strategies profit from both volatile altcoin markets and stable trading conditions.
Altcoins are facing record oversold conditions, one of the weakest performances relative to Ethereum in years. According to analyst Gordon, altcoins are “the most oversold in crypto history,” exceeding the downturns seen during the Covid crash and tariff related declines.
The ratio of altcoins against Ethereum now stands at 0.53, with a modest intraday gain of 0.88%. This position places the market close to its lower support range, where Ethereum has historically shown dominance over alternative tokens.
Ratio Drops Toward Historic Support Levels
Data shows the altcoin-to-Ethereum ratio has historically moved between 0.50 and 0.70 since 2018. Peaks near 0.70–0.75 during mid 2021 and late 2024 marked strong altcoin outperformance.
In contrast, levels near 0.50 often indicated Ethereum increased dominance. With the current ratio now at 0.53, the market is just above the key 0.50 level. A breakdown below this point would further emphasize Ethereum’s strength over the broader altcoin market.
RSI Shows Deep Oversold Conditions
Technical indicators also underline the weakness in altcoins relative to Ethereum. The RSI is at 23.79, which is far below the neutral 50 level. Importantly, this measure also is under the 30 mark, suggesting extreme oversold conditions.
Previous dips under 30 in mid 2021 and mid 2022 were followed by temporary relief rallies. However, the broader downtrend continues to show investor preference for Ethereum during periods of increased uncertainty.
Analysts Weigh Broader Market Strategies
Analyst Michael van de Poppe provided more detail on trading strategies with ongoing market conditions. He explained that his fund aims for consistent returns regardless of whether markets rise, fall, or move sideways.
According to him, market volatility of altcoins allows one to earn more, but even more stable conditions generate yield opportunities. He emphasized the change from waiting for rare breakout phases to compounding returns through consistent monthly performance.
