Ethereum: Outperforms Bitcoin After Key Support Flip

Ethereum is carrying the markets more than Bitcoin is, outperforming on a consistent basis after flipping a crucial level into support, according to trader @CryptoMichNL.

With price at $1932.65 holding above the EMA50 at $1877.53 and the EMA200 at $1785.7, the structure remains bullish while the MACD golden cross at 17.74 confirms trend strength; price now tests the upper Bollinger Band resistance at $1958.95 with RSI at 64.37, suggesting a measured extension toward the next range high before any pullback to the 50-EMA confluence.