$ETH/$BTC just broke out of a 4-year downtrend on the monthly chart. This is one of those rare structural shifts that doesn't happen often.
When $ETH/$BTC bottoms and reverses, it historically signals the start of broader altcoin strength. The ratio spent years grinding lower as $BTC dominated — that phase might be ending.
If this breakout holds, we're likely entering a window where altcoins start outperforming $BTC. Not all at once, not everything pumps, but the rotation begins. Watch for follow-through in the next few weeks. A failed breakout here would be equally telling.
When $ETH/$BTC bottoms and reverses, it historically signals the start of broader altcoin strength. The ratio spent years grinding lower as $BTC dominated — that phase might be ending.
If this breakout holds, we're likely entering a window where altcoins start outperforming $BTC. Not all at once, not everything pumps, but the rotation begins. Watch for follow-through in the next few weeks. A failed breakout here would be equally telling.