ETH: First Real Upward Move vs BTC in Over a Year
ETH breaks year-long slump against BTC at $1887.33 as Bitcoin dominance cycles impact on Ethereum price shifts altcoin flows after consolidation.
SourceAnalysis
ETH posted its first genuine advance against BTC in more than twelve months, lifting the pair after prolonged altcoin weakness that left many traders scarred.
Short-term consolidation remains likely before fresh capital rotates into altcoins once BTC completes its next leg higher.
Price action on the 4h chart shows ETH holding a bullish structure above the EMA50 at $1821.44 and EMA200 at $1765.31 while the MACD registers a golden cross at 32.14; with the pair pressing the upper Bollinger Band at $1972.77 and RSI at 59.24, a measured pullback toward the 50-EMA support at $1821.44 offers the next high-probability entry before continuation. This setup aligns with historical ETH price prediction models tied to Bitcoin dominance cycles impact on Ethereum price and broader altcoin rotation patterns.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast