$ETH The Ethereum (ETH) pair has seen significant growth, with ETH/BTC reaching a 10-month high. This surge is driven by Ethereum's improving fundamentals, including the successful Merge transition to proof-of-stake, reduced energy consumption, and increased scalability. Additionally, Ethereum's dominance in the DeFi space and growing adoption of layer 2 scaling solutions have contributed to its strength. As a result, ETH/BTC has broken out of its long-term downtrend, indicating a potential shift in market sentiment.