Altcoins are getting absolutely decimated relative to ETH

While Ethereum has been on a massive run from its lows this year — pulling altcoins up with it — most alts are still lagging far behind.

This chart clearly shows how poorly altcoins are performing against ETH, reinforcing why, at least for now, ETH remains the better hold.

It also fits the classic money flow rotation: BTC → ETH → Large Caps → Small Caps — and right now, we're still in the ETH phase. Until we see strength return in these ETH pairs, chasing altcoins may just lead to more underperformance.