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ETH Prints Golden Cross Against BTC, Fueling Altcoin Season Momentum.
Ethereum Golden Cross has been confirmed against Bitcoin, marking a technical event that traders associate with the early phase of an altcoin cycle. This development could shape market flows and investor sentiment in the coming weeks.
Ethereum Golden Cross Confirms Shift in Market Structure
Merlijn The Trader announced that Ethereum just printed a Golden Cross against Bitcoin. This occurs when 50-day moving average crossed above the 200-day moving average. Historically, this setup signals the beginning of powerful bullish trends.
Ethereum’s price action has responded strongly, rallying and now consolidating near 0.032 BTC. The upward cross between these two key moving averages reflects growing strength in Ethereum’s relative performance against Bitcoin. Such breakouts have often preceded strong altcoin runs, particularly when driven by institutional flows before retail catches up.
The tweet noted that “Smart money sees it. Retail won’t until it’s too late,” underlining a common pattern where institutional traders position early. This technical shift marks a key moment, as Ethereum leads the market away from Bitcoin dominance.
Altcoin Season Index Shows Volatility, Not Reversal
While Ethereum strengthens, the broader altcoin landscape remains mixed. TM Research pointed out that the CMC Altcoin Season Index is volatile, falling from 48 to 39 within a day. Despite this fluctuation, the firm clarified that “Altcoin season is delayed, BUT NOT CANCELLED.”
Bitcoin dominance staying below 61% further supports the potential for a shift in capital. This indicates Bitcoin is not absorbing all the market attention, allowing space for Ethereum and other altcoins to regain ground.
This setup echoes past cycles, where Ethereum’s early gains signaled the broader market’s readiness to pivot. Traders are now assessing whether this Golden Cross will serve as the catalyst for sustained altcoin momentum.#CryptoScamSurge #BTRPreTGE #CryptoClarityAct $ETH