According to @QCPgroup, BTC dominance slipped from 60% to 57% while still remaining above the sub-50% levels seen in 2021, highlighting a shift in market share that traders track for rotation signals. According to @QCPgroup, the move is fueling speculation that whales expect ETH to outperform, particularly if ETH staking ETFs secure approval later this year.

According to @cas_abbe, the ETH/BTC pair has reclaimed its 365-day moving average for the first time since July 2023, indicating a momentum shift in favor of ETH over BTC for traders monitoring the cross rate; Source: https://twitter.com/cas_abbe/status/1956292225949683978. According to @cas_abbe, this breakout is a bullish signal suggesting ETH will continue to outperform BTC and that pullbacks should be treated as buy-the-dip opportunities while avoiding panic selling; Source: https://twitter.com/cas_abbe/status/1956292225949683978.

According to @RhythmicAnalyst, the Altcoins/ETH ratio has trended lower for the last four months, indicating ETH outperformed the broader altcoin market during that period, source: @RhythmicAnalyst. The author adds the ratio is now sitting on a monthly support level, source: @RhythmicAnalyst.

According to @AltcoinGordon, ETH is expected to continue outperforming BTC following the first golden cross on the ETH/BTC trading pair since 2019. The golden cross, a technical indicator where the 50-day moving average crosses above the 200-day moving average, last triggered a significant price surge in ETH relative to BTC. Traders should closely monitor ETH/BTC for bullish momentum, as historical patterns suggest potential for strong upward movement. Source: @AltcoinGordon.

According to KookCapitalLLC, there is observable frustration among some traders as Ethereum (ETH) demonstrates stronger market performance compared to assets driven primarily by hype. The analyst indicated a short-term timeline of approximately 3.5 days before potentially re-evaluating their position, highlighting a critical decision point for traders weighing the relative strength of ETH against other segments of the cryptocurrency market.