This week’s spotlight trade is ETH/BTC, and here’s why it deserves your attention.
While Bitcoin surged past the psychological $100,000 level, grabbing global headlines, Ethereum quietly began gaining momentum in its BTC pair. Historically, when Bitcoin cools off after a strong rally, ETH and altcoins take the spotlight—and we’re seeing the early signs now.
Why This Trade?
BTC Dominance Peaking: After weeks of upward momentum, BTC dominance is showing signs of exhaustion. That typically precedes a shift in capital flow toward ETH and large-cap alts.
ETH/BTC Bounce: The ETH/BTC pair has found strong support at a critical trendline, with bullish divergence on the RSI. It’s positioned for a breakout.
Upcoming ETH Catalysts: Ethereum’s upcoming scalability upgrades and rising staking yields are drawing in both retail and institutional interest.
Trade Setup (Hypothetical)
Target: 0.0575 (20% potential upside)
Stop-loss: 0.0495 (downside risk management)
Pro Tip:
Watch for a breakout above 0.0530 with volume confirmation. If BTC stabilizes around $100K, altcoin momentum—led by ETH—is likely to accelerate #TradeOfTheWeek $BTC