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Ethbtcforecast

ETH/BTC Showing Momentum with Alt Season PotentialEthereum (ETH) is currently holding strong at the $4000 price level while Bitcoin (BTC) has reached a significant milestone of $100,000. Historically, this creates favorable conditions for an altcoin season, with Ethereum often leading the charge. Recent ETF inflows into ETH indicate institutional interest, adding further strength to the bullish narrative. Technical Analysis: On the ETH/BTC chart: ETH is consolidating above key support at 0.04011 BTC, showing resilience. A breakout above the resistance zone at 0.04120 BTC could trigger a move towards 0.04253 BTC (+6.03%), as marked in the forecast. Moving averages (20 EMA and 50 EMA) are aligned bullishly, with price action staying above both. The volume is steady, suggesting accumulation. Trade Plan: Entry: Enter on a confirmed breakout above 0.04120 BTC with strong volume. Target: First target at 0.04253 BTC (+6.03%), with potential for further upside depending on market momentum. Stop-Loss: Place a stop-loss below the recent swing low at 0.03960 BTC to minimize risk. Macro Factors to Watch: Monitor BTC dominance for signs of a shift toward altcoin strength. Keep an eye on ETH price momentum at $4000—sustained strength here will reinforce the bullish ETH/BTC scenario. ETF inflows and macroeconomic data impacting cryptocurrency markets could provide additional catalysts. This setup offers a good risk-reward ratio, aligning with broader market trends and technical confirmation. Let's see if alt season delivers! 🚀
Long
by jashjacob
ETH will significantly outperform BTC through 2025ETH/BTC is at a crucial inflection point and may be about to reverse, giving ETH an opportunity to outperform BTC significantly from now through end 2025. Points to support this argument from the weekly ETH/BTC Chart: 1. Support line since Jan 2020 is being tested (pink). If this holds, a bounce and reversal is possible 2. The impulse wave that started in Jan 2020 topped in December 2021 (orange 1 on chart) and has been in a correction Wave 2 since then. This Wave 2 has been a clean ABC correction (end points labeled in blue). 3. The Wave 2 pullback is currently between the 0.618 and 0.786 Fib level and this may be a confluence with the Support Line since Jan 2020 (see point 1), offering a confirmation of a reversal 4. It is way below the 200 DMA (yellow line) and the 200 WMA (orange line) and reversion to mean may be next Taken together, these build a solid case for a reversal of the ETH/BTC trend. If this reversal occurs, completing Wave 3 means ETH will significantly outperform BTC through end of 2025. Only if this pink support line since Jan 2020 is converted to support first. Interesting times.
Long
by sohumm
ETHBTC daily seems quite bullish to me.ETHBTC Daily. Price at 0.02574 seems to be bullish. momentum will favor after taking a small dip around 0.02156 then a little push up to 0.02826. As we can see already bearish structure been broken and took support at first leaner resistance converted into strong support. Reason: 1. Price entered into a new bullish phase breaking bearish structure. 2. There's a hidden parabolic in momentum shown with three lines. 3. Rsi making higher high. there's a bullish divergence in it.
by Ilikethehell