ETH/BTC Breakout Signals a New Phase of ETH Outperformance
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ETH/BTC one-day chart analysis. Source: Cointelegraph/TradingViewETH/BTC just broke out of a 30-day consolidation zone and reclaimed the 200-day SMA — a structure that has historically preceded extended ETH outperformance cycles.
If BTC can stabilize above $94K and close over $96K, it removes overhead pressure and could clear the runway for ETH to retest $3,650 and potentially push toward $3,900, a 20% move from current prices.
For now, the momentum story favors Ether. -
ETH gaining strength vs BTC often hints at altcoin cycle momentum.
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A breakout suggests shifting market confidence toward Ethereum.