Ethereum overtakes Bitcoin, and the ETH/BTC pair is at a yearly high 💹
ETH/BTC reached its highest level in 2025 – 0.039 BTC.
🔹Trading volumes skyrocketed, derivatives on ETH exceeded $10B.
ETH shows better dynamics than BTC: +86% in Q3 compared to +15% for BTC.
Reasons:
- ETF inflow: $2.3B in 6 days.
- Activity in DeFi, staking, restaking.
- Reduction of ETH reserves on exchanges.
- Institutional purchases and a positive regulatory environment.
What is putting so much pressure on ETH?
Currently, about 910,461 $ETH worth $3.9 billion are stuck in the queue for unlocking Ethereum staking.
A year ago: EVERYONE was burying Ether, its ecosystem, and Vitalik, covering their positions. Now EVERYONE either wants Ether or is quietly taking profits, waiting for a pullback.
Ethereum's results indicate a shift in market dynamics in favor of ETH in the short term.
Ether will still shine, just don't forget to catch the dip, I always mark everything for you on the chart.