ETH: 4-Year Downtrend Breakout vs BTC Looms

ETH versus BTC sits ready to shatter its four-year downtrend on the weekly timeframe, lagging the Copper versus Gold reversal that cleared the same structure in February.

Macroeconomic headwinds suppressed altcoins for years, yet the business cycle upturn now favors risk assets as BTC leads broader participation.

Price action on the 4-hour chart places ETH at $1931.47 inside a bullish structure with EMA50 support at $1895.22 and EMA200 at $1810.46. The MACD registers a bullish golden cross at 15.65 while RSI holds neutral at 58.01; price tests upper Bollinger resistance near $1970.92, indicating room for continuation once the weekly ratio confirms the macro shift before any pullback to the 50-EMA.