Ethereum Roars Past Three-Month High Against Bitcoin
Ethereum's strength against Bitcoin has reached a level not seen in three months. The ETH/BTC pair has printed its highest weekly close in 12 weeks, settling at 0.0289.
This breakout suggests capital is rotating into Ethereum before spilling into the broader altcoin market, often giving altcoins room to outperform.
Analyst Daan Crypto noted that the trend looks bullish, though several conditions still need to clear before that momentum can carry Ethereum higher.
Michael Van de Poppe has trained his focus on the short-term picture and expects Ethereum to revisit its local high near $2,464 within his target zone.