$ETH Outperforms $BTC — Altseason Could Arrive in May
Ethereum (ETH) is currently showing stronger performance compared to Bitcoin (BTC), which is raising expectations of a possible altseason. ETH is trading above $2,300 with slight daily gains, while Bitcoin remains relatively stable near $77,000.
One important signal is the ETH/BTC ratio, which is approaching a key level. This suggests that some capital may be shifting from Bitcoin to altcoins. In addition, recent trading volume shows signs of accumulation, which often comes before a price increase.
Historically, May has been a strong month for Ethereum, with an average return of around 34%. If this trend continues, ETH could move toward the $3,100 level. However, it must first break the important resistance around $2,500 and maintain strong buying pressure.
On the other hand, the weekly performance is still slightly negative, indicating that the bullish trend is not fully confirmed yet. If momentum weakens, the price may continue to move sideways instead of rising sharply.
Overall, Ethereum shows a positive outlook in the short term, but a clear breakout above resistance is necessary to confirm further upward movement.