#ETH4500Next? ETH/BTC Market Analysis (Aug 10, 2025)
Technical Analysis (ETH/BTC pair)
The daily ETH/BTC chart turned decisively bullish. On Aug 5th a golden cross occurred as the 50-day MA crossed above the 200-day MA. Price immediately jumped to the 0.786 Fibonacci resistance (~0.0347 BTC). The daily RSI is ~80 (overbought), reflecting strong momentum. MACD has recently turned positive in line with the golden cross.
Key resistance is around 0.034–0.035 BTC (recent swing high and Fib level). Support lies near ~0.030 BTC (August 2–3 lows ~0.0301 BTC) and further down near ~0.025 BTC (long-term support). In the past month 1 ETH has risen from ~0.023 to ~0.0357 BTC (+49.3%). On shorter (4 hr) charts, ETH/BTC continues to trend up with higher lows, although very short-term RSI is high; a modest pullback to the ~0.032–0.033 area could test support. In summary, daily indicators (moving averages, RSI, MACD) are all strongly bullish, but overbought RSI warns of near-term consolidation.
Fundamental Analysis (Ethereum and Bitcoin news)
Chart: Ethereum bullish momentum. Recent news is broadly bullish for Ethereum relative to Bitcoin. U.S. regulators have eased rules for crypto ETFs – notably the SEC now allows in-kind creations/redemptions for spot Bitcoin and Ether ETFs – improving ETF liquidity. This came alongside President Trump’s move to include crypto in 401(k) plans and a likely Fed rate cut, which helped push Bitcoin above $117K (+2%) and Ethereum +5% to $3.2B) on its balance sheet. All these factors (staking yields, SEC clarity, corporate buying) favor ETH.
Other fundamentals: Bitcoin remains supported by macro factors (potential Fed easing, 401K order) and by adoption in places like El Salvador, which recently let banks hold Bitcoin under a new law. Combined, these trends – greater ETH demand and stable/expanding BTC demand – are contributing to a rising ETH/BTC ratio.
Market Capitalization & Dominance
Metric Value
Bitcoin market cap ~$2.35 trillion
Ethereum market cap ~$0.509 trillion
Total crypto market cap ~$4.03 trillion
Bitcoin dominance ~58.4%
Ethereum dominance ~12.6%
As of Aug 10, 2025, Bitcoin’s market cap is roughly $2.35T and Ethereum’s is $509B. The global crypto market cap is about $4.03T, implying BTC dominance ≈58.4% and ETH dominance ≈12.6%. The drop in BTC dominance (from ~66% two months ago to ~58% now) reflects growing altcoin market share.
Altcoin Season Considerations
Bitcoin Dominance Break: Bitcoin’s dominance has fallen below its multi-year trendline (now ~59%). Analysts cite this decline from ~66% as a classic “altcoin season” trigger. The so-called Altcoin Season Index suggests most large altcoins are now leading BTC.
Altcoin Market Rally: The total altcoin market cap jumped ~13% this week, led by Ethereum and other majors. CoinEdition reports many altcoins have turned prior resistances into support and are rallying strongly. This week XRP reclaimed $3, ADA surged ~15% back above $0.80, and Solana moved past $180. These broad gains signal growing appetite for alts.
Performance Index: By one measure, ETH has outperformed; CoinMarketCap notes ETH is +49.3% vs BTC over the past 30 days. The increasing ETH/BTC ratio itself is a key altseason sign.
Overall, both on-chain data and market signals indicate an emerging altcoin season: BTC’s falling dominance, double-digit weekly gains in many top altcoins, and bullish sentiment among analysts. Traders watch if BTC dominance continues sliding and if ETH/BTC sustains its uptrend – classic mid-cycle bull market behavior.
ETH vs Major Altcoins (SOL, ADA, XRP)
Over the past week Ethereum has strongly outperformed most large-cap alts. Key comparisons
Ethereum (ETH): ~$4,219 (USD); +0.6% 24h, +22.1% 7d.$ETH
Solana (SOL): ~$180.45; +0.8% 24h, +11.8% 7d.$SOL
Cardano (ADA): ~$0.7993; +0.6% 24h, +10.4% 7d.$ADA
XRP: ~$3.21; +3.7% 24h, +12.1% 7d.
These figures show ETH’s 7-day gain (~+22%) significantly exceeds that of SOL, XRP, ADA (all +7%). For context, 1 ETH currently trades at ~0.03572 BTC. In price action, XRP broke above its $3 resistance, ADA reclaimed ~$0.80, and SOL has returned above its $180 level. BNB, trading near $800, saw smaller gains. In sum, ETH’s rally has outpaced these majors in both percentage and absolute terms, underscoring its leadership in the current altcoin uptrend.
