Ethereum Shatters Multi-Year Downtrend vs Bitcoin — Is Altseason Finally Here?
Ethereum has stunned the market with a sharp 37% rally, soaring from $1,850 to a high of $2,541 in just a few hours. This breakout didn’t just reclaim critical resistance — it also snapped a long-standing downward parabola against Bitcoin, a trend that had held since December 2021. The significance? Such breakouts often mark the beginning of powerful altcoin cycles — and this could be the spark traders have been waiting for.
Momentum is clearly shifting. After months of sideways chop and bearish sentiment, Ethereum has stepped into the spotlight, dragging broader market optimism with it. The ETH/BTC ratio is showing signs of a trend reversal, and confidence is rippling across the altcoin landscape. With Bitcoin hovering near its all-time high, Ethereum’s breakout signals that the market may be entering a new phase — one where altcoins start to shine again.
As ETH now stabilizes near the $2,500 level, traders are watching closely. This zone has quickly turned into a strong demand area, and whether it holds over the weekend will be critical for Ethereum’s next move. Adding to the bullish outlook is the upcoming Pectra upgrade, which aims to optimize Ethereum’s efficiency, staking infrastructure, and overall upgrade flow — giving fundamentals a fresh boost.
With technicals breaking out and fundamentals aligning, Ethereum might be laying the foundation for a long-overdue bullish phase. If support holds, this weekend could mark the start of a full-blown altseason — and Ethereum is leading the charge.
