⚡️ While most attention is focused on USD pairs, the main intrigue in the near alt-season is unfolding on the chart #ETH/BTC . The cross rate has found its bottom and is preparing a powerful move.
We break down whether Ethereum has the power to overtake "the first cryptocurrency".
📊 Strength assessment $ETH vs $BTC
After a long period of Bitcoin dominance, ETH/BTC has formed a stable chart pattern base. Ethereum has stopped making local lows versus BTC and shows clear signs of accumulation.
Relative Strength (RS) is shifting in favor of ETH, which historically serves as the first signal for liquidity to move from BTC into altcoins.
💥 Volume Analysis and Key EMAs
Volumes: During the rise in ETH/BTC, there is a clear surge in abnormal spot volumes, while pullbacks occur on a "thin" order book. This is a classic trace of smart money.
Reaction to the moving averages: The price has confidently consolidated above the EMA 50 and EMA 200 on the daily timeframe. Buyers aggressively buy back any touches of the dynamic support, turning former resistance zones into reliable support slabs.
🚀 Potential for a Breakthrough of Resistance Right now, the cross-pair is testing a key resistance block. A breakout and consolidation above this level will open a direct path to a powerful impulse. A break of the local structure to the upside will act as a trigger for a revaluation of the entire altcoin market.
🧠 Summary: The ETH/BTC chart shows readiness for a trend change. If the bullish impulse is confirmed by the daily candle closing above resistance, we will see leading growth of Ethereum relative to Bitcoin.
