ETH: Strength vs BTC Signals Extended Rally
ETH holds $1924.05 with bullish EMA structure as yields drop and DeFi demand rises, pushing price toward $2000.
SourceAnalysis
ETH posted its strongest weekly candle in months against BTC, drawing fresh demand as lower yields boost DeFi flows and Clarity Act odds improve.
Price sits at $1924.05 inside the Bollinger Bands, testing upper resistance at $1956.31 while the 50-EMA at $1875.22 and 200-EMA at $1784.83 anchor the bullish structure. With MACD at 17.69 confirming the golden cross and RSI at 61.66, the pair shows room to extend before any pullback to the 50-EMA support.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast