$ETH Showing Signs of a Strong Reversal Against Bitcoin
(ETH) appears to have halted its recent decline against (BTC), with the ETH/BTC pair successfully bouncing off a critical four-year support zone. This particular support level has historically proven to be a robust base, having previously triggered significant upward movements for Ethereum.
Historical Precedent Suggests Major Outperformance
The last time ETH/BTC rebounded from this very support zone, Ethereum went on to outperform Bitcoin by a remarkable 4x. The current market setup closely mirrors that prior instance, suggesting a similar trajectory could be on the horizon.