Crypto

Ethereum Breaks Downtrend Against Bitcoin as Ceffu Adds to Buying Interest

Guavy AI Editorial Team Published August 28, 2026

Instruments

BTC ETH BNB

The Ethereum price has broken above its multi-month downtrend against Bitcoin, showing a possible change in market structure. The ETH/BTC chart printed a higher high, indicating that Ethereum is gaining strength relative to Bitcoin.

Crypto analyst Crypto Patel pointed out that the breakout occurred at 0.03205 and noted that the next important area is between 0.0270 and 0.0260. Patel emphasized that the key test is now the retest of this zone, which will determine whether the bullish setup remains in place.

Ceffu has purchased $145.92 million worth of ETH on Binance, adding fresh interest to the market. This large buy does not by itself confirm the direction of the market but adds to the focus on demand for Ethereum and its relative strength against Bitcoin.

Ethereum Breaks Downtrend Against Bitcoin as Ceffu Adds to Buying Interest

Bitcoin Reaches $80,000 Amid $6.16 Billion Options Expiry, Fear and Greed Index at Record High

CyberLeek Cashes Out $268,000 as GTA VI Leak Saga Comes to an End

Bitcoin, Ethereum Spot ETFs Extend Inflow Streak to Nine Days