According to @AltcoinGordon, Ethereum (ETH) has shown strong performance after bottoming against Bitcoin (BTC), indicating that a healthy pullback is part of its upward trend. The source highlights that ETH is likely to outperform most trading pairs in the next bullish phase, providing a favorable outlook for traders positioned since below $1,000. This analysis suggests traders should monitor ETH/BTC price action closely for potential outperformance opportunities in upcoming market moves. Source: @AltcoinGordon.

According to QCPgroup, both BTC and ETH initially experienced price dips but have since stabilized at approximately $103K and $2.4K respectively, indicating a period of relative calm in major cryptocurrencies. The notable decline of BTC dominance below the 63% threshold, as reported by QCPgroup, highlights early signs of market rotation, with ETH beginning to outperform BTC. This shift suggests traders are reallocating capital from BTC into ETH and potentially other altcoins, which could fuel increased volatility and new opportunities in the altcoin sector. Monitoring BTC dominance alongside ETH price action may be critical for traders seeking to anticipate momentum shifts in the wider cryptocurrency market. (Source: QCPgroup on Twitter, May 13, 2025)