$ETH / $OTHERS - 1W Timeframe $ETHFI
Ethereum against alternative currencies excluding the top ten currencies
The chart warns of further upward movement for Ethereum proactively
And its outperformance against alternative currencies
A continuous downward trend since the beginning of 2025 has been broken on the chart
And a continuous downward trend since the beginning of 2023 has been broken on the OBV indicator
The chart has reached its historical bottom when Ethereum reached a price of 1400 dollars
And if we consider this chart as an Oscillator (meaning an indicator that moves from peak to trough and vice versa)
We can assume that as long as this chart has reached its historical bottom, it is heading towards its peak again
In short, it has bounced back from the bottom of the previous cycle
And I expect it to target at least the peak of the previous cycle
(On this chart, it does not refer to the price of Ethereum against the dollar at all)
Currently, the price is facing the midpoint of the downward wave that started in January 2025
Breaking it will be a signal for the beginning of the trend towards the target
All details are drawn on the chart
I hope it is useful for you
#BTC