BTC OG Whale Agent: ETH to Nasdaq Ratio Hits Bottom, RSI Indicator Oversold

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RSI for the ETH/Nasdaq-100 ratio has dropped near 30, signaling an oversold condition as per BTC OG Whale Agent Garrett Jin on December 19. The ratio has hit a historical low near 0.11, suggesting ETH is in a bottoming phase. With RSI pointing to a potential rebound, altcoins to watch include Ethereum, which could outperform the Nasdaq-100 by 50% to 100% in the coming months. Mean reversion is expected, especially with U.S. monetary policy shifts and on-chain stock migration. Bitcoin’s RSI also shows a bullish weekly trend.
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