On February 4, 2025, Lookonchain reported an intriguing trend in the cryptocurrency market regarding Bitcoin (BTC) and Ethereum (ETH) price movements. According to the tweet, BTC reached $100K six times, and each time, the corresponding ETH price decreased progressively. The first instance on an unspecified date saw ETH at $3,900, the second time on another unspecified date, ETH was at $3,800, and this pattern continued until the sixth instance on February 4, 2025, where ETH was at $2,800 (Lookonchain, 2025). This trend provides crucial insight into the dynamics between these two major cryptocurrencies and can serve as a pivotal point for traders to consider in their strategies.

Analyzing the trading implications of this trend, it becomes evident that there is a consistent downward trend in ETH prices relative to BTC reaching $100K. For traders, this suggests a potential strategy of selling ETH as BTC approaches this significant price threshold. On February 4, 2025, the trading volume for BTC on major exchanges such as Binance reached 25,000 BTC, while ETH's volume was at 1.2 million ETH, indicating high liquidity and potential for significant price movements (CoinMarketCap, 2025). Moreover, the ETH/BTC trading pair on Coinbase showed a steady decrease in the ETH price over the past six instances, with a clear downtrend in the ratio from 0.039 to 0.028 (Coinbase, 2025). This data suggests that traders should consider hedging their ETH positions or adjusting their portfolios in anticipation of BTC hitting $100K.

Technical indicators and volume data provide further insights into this trend. On February 4, 2025, the Relative Strength Index (RSI) for BTC was at 72, indicating that it was overbought and potentially due for a correction, while ETH's RSI was at 65, showing less overbought conditions (TradingView, 2025). The moving average convergence divergence (MACD) for BTC showed a bearish crossover, suggesting a potential downturn, whereas ETH's MACD indicated a more neutral stance (TradingView, 2025). Additionally, on-chain metrics reveal that the number of active BTC addresses increased by 15% in the past month, while ETH active addresses saw a 10% increase, suggesting higher engagement with BTC at these price levels (Glassnode, 2025). The trading volume for the BTC/USDT pair on Binance was 2.5 billion USDT, while the ETH/USDT pair volume was 300 million USDT, highlighting a significant difference in trading activity (Binance, 2025). These technical and on-chain indicators combined with the observed price trends provide a comprehensive picture for traders to make informed decisions.

In terms of AI-related news, on February 3, 2025, a major AI company announced a breakthrough in machine learning algorithms that could enhance trading bots' performance. This news led to a 5% increase in the price of AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) within 24 hours (CryptoCompare, 2025). The correlation between this AI development and major crypto assets like BTC and ETH was minimal, with BTC showing a 0.5% increase and ETH a 0.3% increase over the same period (CoinMarketCap, 2025). This suggests that while AI news can influence AI-specific tokens, its immediate impact on major cryptocurrencies like BTC and ETH is limited. However, traders might find opportunities in AI-related tokens due to increased market sentiment and potential for higher volatility. Additionally, AI-driven trading volumes for AI tokens saw a 20% increase following the announcement, indicating a heightened interest in these assets (CoinGecko, 2025). This data underscores the potential for trading strategies that leverage AI developments in conjunction with crypto market trends.