Bitcoin ($BTC) drops below $96,000, but Ethereum ($ETH) shows strength (for now)
The market is starting to form an interesting pattern:
BTC is making a lower low, while ETH is maintaining a higher low.
This is called a bullish divergence of relative strength.
What this means in practice
When BTC moves lower but ETH keeps its structure, the market usually signals:
• ETH > BTC in relative strength
• higher probability of a relief rally led by ETH
• possible start of rotation from BTC → ETH → majors
But be careful:
this does not guarantee a market bottom.
BTC can still fall further even if ETH remains stronger.
Examples from the past
Summer 2021:
• BTC retested and slightly broke below the May lows
• ETH formed a higher low
➡️ Result: strong rally from July to November, with ETH leading.
Mini-corrections in 2017:
• BTC made local lower lows
• ETH held structure
➡️ ETH-led rallies followed, along with a drop in BTC dominance.
Divergences in 2019–2020:
• BTC had small breakdowns
• ETH stayed higher
➡️ Usually followed by a global bounce + ETH/BTC trending up.
In all cases:
Strong ETH → higher probability of rotation and a market bounce.
Most important: confirmation
This setup becomes relevant only if ETH manages to maintain this higher low by the end of the week.
If the structure holds, the signal becomes much stronger.
If it breaks, the pattern is invalidated.
What do you think? Will Ethereum stay above the last low at $3050?
