ETH/BTC Pair Shows Signs of Life: Can Ethereum Finally Outperform Bitcoin?
From Breakdown to Breakout: ETH/BTC’s Long-Awaited Turnaround
Ethereum’s underperformance against Bitcoin has lasted nearly 1,000 days, marked by fleeting rallies and deeper retracements. But many believe the recent formation of a strong bottom signals the beginning of a structural reversal. With Bitcoin trading at $108,814.20 and its dominance facing headwinds, conditions may finally favor altcoins.
Market Musing-g
ETH/BTC Pair Shows Signs of Life: Can Ethereum Finally Outperform Bitcoin?
ETH/BTC Pair Shows Signs of Life: Can Ethereum Finally Outperform Bitcoin?
Table of Contents
From Breakdown to Breakout: ETH/BTC’s Long-Awaited Turnaround
Experts Weigh In: Bullish Signals Building
Is This Finally Altseason? Or Another Trap?
For seasoned altcoin investors, few charts carry more weight than the ETH/BTC pair. A true shift in market momentum often begins with Ethereum gaining ground against Bitcoin. While the pair has shown signs of consolidation over the past several weeks, analysts now believe a pivotal move could be underway.
As of now, ETHBTC is battling the 0.02534 BTC resistance—a level that has rejected the bulls in at least three recent attempts. Should Ethereum break through, analysts suggest the next logical step would be reclaiming 0.03275 BTC as support. If successful, this could pave the way to 0.04149 BTC and potentially reignite Ethereum’s journey back to its $4,000+ highs.
From Breakdown to Breakout: ETH/BTC’s Long-Awaited Turnaround
Ethereum’s underperformance against Bitcoin has lasted nearly 1,000 days, marked by fleeting rallies and deeper retracements. But many believe the recent formation of a strong bottom signals the beginning of a structural reversal. With Bitcoin trading at $108,814.20 and its dominance facing headwinds, conditions may finally favor altcoins.
