Ethereum’s countdown: 28-day fractal could unlock ETH rally IF…

Key Points

1. Ethereum has surged 35% in four weeks, with a 10% gain in the past 24 hours, driven by liquidity shifts from Bitcoin (BTC) and strong technical indicators.

2. A 28-day fractal pattern suggests ETH tends to rally after Bitcoin hits a new all-time high, as seen in 2017 and 2021 cycles where ETH surged 100% and 80% respectively while BTC declined.

3. Bitcoin's recent all-time high of $123,000 on July 14th may set the stage for Ethereum's breakout, with the ETH/BTC chart showing higher highs and strong liquidity inflow into ETH.

4. Technical indicators like the Aroon Up (100%) and Aroon Down (7.18%) confirm bullish momentum, with the Moving Average Ribbon also signaling potential further upside if the 20 and 50 MAs cross above the 200-day MA.

5. Spot Exchange Netflow data shows $11 million in inflows into Ethereum, with much of the ETH moving into private wallets, indicating long-term conviction and potential for new highs.