#ETHBreaks4000 ETH has not yet managed to surpass its all-time high (ATH) from 2021. The recent rise in the price of Ethereum (ETH) has caused a rebound in the ETH/BTC pair. The pair has now returned to the 365-day moving average: ETH/BTC pair rebounds and reaches the 365-day moving average - August 8, 2025. Development of the ETH/BTC pair. Source: CryptoQuant In previous cycles, surpassing the 365-day moving average on the ETH/BTC pair has signaled the start of a long phase of Ethereum outperforming Bitcoin. Therefore, Ethereum is approaching a bullish signal on the ETH/BTC pair, but this must be confirmed through the development after the moving average.