Ethereum's Relative Strength Against Bitcoin Surges as ETH/BTC Breakout Gains Momentum
Ethereum's relative strength against Bitcoin has been on the rise, and the recent breakout above a multi-month downtrend is signaling a potential shift toward bullish market structure.
The ETH/BTC pair broke above the 0.03205 level after months of persistent weakness, pushing price beyond a key structural barrier and creating a higher high on the broader chart.
This move marks a notable change from the previous bearish pattern, where sellers controlled the trend through repeated lower highs and lower lows.
To confirm this bullish setup, ETH/BTC must hold the upcoming retest zone of 0.0270 to 0.0260.
If successful, this could open the door for higher relative-strength targets, with potential upside targets near 0.040, 0.0500, and 0.060 to 0.070.