What Is MACD and Why Does It Matter? 🧠
The Moving Average Convergence Divergence (MACD) is a momentum indicator used to detect shifts in market direction. When Ethereum’s MACD line crosses above its signal line on the ETH/BTC chart, it signals that Ethereum is gaining strength relative to Bitcoin. Historically, this rare event has occurred only twice in the past decade—in 2017 and 2020—both times preceding massive altcoin bull runs.
With the crossover now confirmed on the weekly chart, traders are on high alert. Ethereum recently hit a structural low versus Bitcoin, mirroring patterns that sparked previous altseasons. The ETH/BTC ratio’s reversal suggests capital is rotating into riskier assets conveying a hallmark of altcoin season.
Supporting Indicators Signal Risk-On Sentiment 📊
The MACD crossover isn’t the only bullish signal:
Bitcoin dominance (~54.37%) is declining, indicating altcoins may outperform.
USDT dominance has broken down from a 7month wedge, suggesting traders are shifting from stablecoins to volatile assets.
Altcoin futures volume has surged to $223.6 billion, the highest in five months.
Ethereum, trading around $3,850, is up over 170% from its cycle lows.
Fueling the Next Wave💰
Beyond the charts, fresh catalysts are adding fuel. The GENIUS Act is advancing a digital dollar framework, potentially boosting blockchain adoption and market sentiment.
If history repeats, this MACD crossover could herald the start of a new altcoin supercycle, with gains ranging from 5x to 20x for select tokens.
Traders are already positioning themselves, scouting undervalued gems and ecosystem plays.
#MarketRebound 🔥💎🚀🚀🚀
@Binance South Africa Official $ETH 👁🌹🔥
