According to @milesdeutscher, Ethereum’s market cap has historically peaked near 35 percent of Bitcoin’s during major bull runs, with 2017 around 35 percent and 2021 around 36 percent, source: @milesdeutscher citing @YashasEdu. He adds that using the same 35 percent ratio implies ETH would be near 6,000 dollars at Bitcoin’s current market cap, and above 8,000 dollars if BTC reaches 150,000 dollars, source: @milesdeutscher. He notes ETH is still lagging but starting to catch up, highlighting a potential relative strength shift traders can monitor through ETH’s share of BTC market cap, source: @milesdeutscher.