ETH/BTC closed the monthly above the MA 20.
The last clean reclaim of this average was July 2020, when ETH/BTC ran from 0.0315 to 0.088 and ETH went from $225 to $4,372.
August 2025 also tagged this line but It failed to hold and Price dumped back toward the lows, thats why we need it to hold above MA 20.
Now price is back on the same average. MACD is turning up from the circled low, the same zone that preceded the 2020 breakout.
The chart maps two steps if this hold works.
Target 1: 0.050
Stretch target: the old high near 0.088
ISM came in at 54.6 vs 55.2 expected which means Growth is still strong, but slowing, which could give the Fed more room to pause rates.
This setup could mean ETH is finally ready to outperform BTC.
#BTC☀ $BTC
The last clean reclaim of this average was July 2020, when ETH/BTC ran from 0.0315 to 0.088 and ETH went from $225 to $4,372.
August 2025 also tagged this line but It failed to hold and Price dumped back toward the lows, thats why we need it to hold above MA 20.
Now price is back on the same average. MACD is turning up from the circled low, the same zone that preceded the 2020 breakout.
The chart maps two steps if this hold works.
Target 1: 0.050
Stretch target: the old high near 0.088
ISM came in at 54.6 vs 55.2 expected which means Growth is still strong, but slowing, which could give the Fed more room to pause rates.
This setup could mean ETH is finally ready to outperform BTC.
#BTC☀ $BTC
