#AltcoinSeasonLoading Ethereum must reverse its bearish trend against Bitcoin.
As the largest altcoin by market size, the Ethereum coin, Ether, typically needs to outperform Bitcoin to drive a strong rally. When Ether gains ground against Bitcoin, it is often a sign that the cryptocurrency market is in risk-on mode, just what is needed for altcoins to thrive.
The best way to track this is to check the ETHBTC currency pair, which shows the value of ether in relation to bitcoin. When it trends downward, ether loses ground against bitcoin, and when it trends upward, ether gains market share.