While Bitcoin (BTC) surprised markets at the start of the week by reaching a new all-time high above $123,000, the spotlight is now shifting to Ethereum (ETH). According to analysts, ETH may be on the verge of a massive and unprecedented rally. After breaking through the $3,000 mark, ETH is showing strong signs that this could be just the beginning.
💡 Ethereum Gains Momentum as Capital Flows from Bitcoin
With Bitcoin reaching a potential peak, traders are now starting to take profits — and according to analysis from Swissblock, this may trigger a capital rotation into altcoins, particularly Ethereum. Such shifts are typical in the later stages of Bitcoin bull cycles.
Ethereum recently climbed to $3,150, its highest level since February. Swissblock notes that the previous four Bitcoin bull waves this year each lasted 15 to 30 days. The current wave just entered Day 12, a point where capital often begins flowing into altcoins — a scenario that could significantly benefit ETH.
📊 ETH/BTC Ratio Breakout and Key Technical Signals
A major technical indicator is also flashing bullish: the ETH/BTC ratio has broken out to the upside for the first time since May, signaling a trend reversal.
Even more significantly, the ETH/BTC pair has crossed above its 200-day moving average, which analysts view as a strong indicator of a mid- to long-term uptrend for Ethereum.
📈 Ethereum to Mirror Bitcoin’s 1,100% Rally? One Analyst Thinks So
Crypto analyst Merlijn The Trader points out that Ethereum's recent price action mirrors Bitcoin’s movements between 2018 and 2021. During that period, BTC surged by 1,100% — and Merlijn believes ETH may now be entering a similar cycle.
If Ethereum follows that trajectory, its price could potentially reach $18,205. The analyst emphasizes that the pace of growth and corrections are strikingly similar, including the structure of market momentum and investor behavior.
⚠️ Caution: Don’t Bet Everything on One Analysis
Although technical indicators and current analysis suggest Ethereum could experience significant upside, it’s essential to remain cautious. Even the most compelling charts and forecasts do not guarantee outcomes.
Investment decisions should never rely on a single analysis. The cryptocurrency market remains highly volatile and unpredictable, and while ETH may be poised for a rally, there are no certainties.
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