Ethereum: Outperforms Bitcoin as DEX Tokens Surge

Ethereum is waking up strongly and outperforming Bitcoin while Solana breaks its one-year downtrend, two clear signs infrastructure leaders are heating the broader crypto market according to trader @CryptoMichNL. DEX tokens such as JUP, JTO and UNI are also leading all other assets, reflecting rising on-chain activity and fresh narrative rotation that points to a strong altcoin summer.

ETH trades at $1699.45 inside its Bollinger Bands with price pressing the upper resistance at $1702.08; the neutral RSI at 66.73 combined with the MACD golden cross keeps the bullish structure intact, yet a healthy pullback toward the EMA50 support at $1621.51 remains the most probable next move before continuation higher.