ETH: Strong Weekly Candle vs BTC Reverses Year Downtrend

ETH is printing its strongest weekly candle versus BTC since August 2025, ending nearly a year of downward momentum and setting the stage for an upward reversal, according to trader @CryptoMichNL.

With the Clarity Act on the horizon, the first steps look constructive though a decisive break above the 0.028 ratio remains required for confirmation.

Price action on the 4h chart shows ETH at $1735.36 testing upper Bollinger resistance at $1762.86 while RSI(14) at 70.19 flashes overbought; with the 50-EMA support sitting at $1637.03 and MACD maintaining its golden cross, a measured retracement toward that EMA level looks probable before the next leg higher.