ETH: Sideways Range Sets Up Outperformance vs Bitcoin

ETH trades sideways against Bitcoin and enters a high-conviction entry zone, according to Michaël van de Poppe. The analyst expects ETH to outperform Bitcoin over the next month after Clarity Act approval.

Price sits at $2422.2 just above the EMA50 at $2421.92, confirming the longer-term bullish structure above the EMA200 at $2165.16. With the MACD printing a death cross at -2.87 and RSI at 42.02, momentum remains neutral inside the Bollinger Bands. Price tests the lower band support near $2404.05 while the upper band at $2516.83 caps any immediate extension. This setup favors a brief consolidation before continuation higher.