Ethereum (ETH) typically follows Bitcoin's (BTC) price action with a slight delay, so after a BTC-led hype or rally, ETH often sees:
1. Short-Term Catch-Up Rally
As BTC dominance peaks, traders rotate profits into ETH.
ETH/BTC pair tends to rise during this phase.
2. Narrative Boost
Ethereum-related narratives like Layer 2 scaling (e.g., Arbitrum, Optimism), staking, and institutional ETH adoption often gain traction post-BTC hype.
If BTC hype is ETF-related, ETH ETF speculation may intensify.
3. Altcoin Season Catalyst
ETH strength is often a trigger for broader altcoin runs.
ETH holding above key levels (e.g., $3,000) post-BTC rally is a bullish signal for the whole market.
4. On-Chain Trends
Look for rising ETH staking rates and L2 activity (Base, zkSync, etc.)—strong on-chain signals ETH might trend up independently.
What to Watch Now:
ETH/BTC ratio (if it starts rising, ETH could outperform).
Volume shift from BTC to ETH on major exchanges.
Any SEC comments or institutional news on ETH ETF.
