Ethereum's ‘crucial’ breakout hints at 30% rally versus Bitcoin next
2025-07-16 12:39:36
Main Idea
Ethereum's Ether token is gaining momentum against Bitcoin, with potential for a 30% rally, driven by technical breakouts and increased institutional inflows.
Key Points
1. Ethereum's ETH/BTC pair has surged over 50% since April, breaking key resistance levels and reaching a four-month high.
2. ETH/BTC has broken above its 200-day exponential moving average (EMA), signaling potential for further upside toward 0.035 BTC (a 30% increase) by August or September.
3. Analysts highlight the breakout at 0.02425 BTC as crucial, with altcoins likely to follow Ethereum's momentum.
4. Ethereum has seen 12 consecutive weeks of institutional inflows, totaling $990 million, accounting for 19.5% of its assets under management (AuM) compared to Bitcoin's 9.8%.
5. Companies now hold over $5 billion in ETH, with notable accumulation by SharpLink, BitMine, and Bit Digital.
Description
Ethereum still trails behind Bitcoin in returns this year, suggesting more room for upside as technical momentum builds.
Latest News
- 60% of PUMP presale participants sold or transferred to CEXs2025-07-17 11:54:49
- XRP is about to hit $200B market cap for the first time: price nears record2025-07-17 11:39:20
- Is FOMO back? Bitcoin first timers buy 140K BTC in 2 weeks2025-07-17 10:48:24
- 36% of Gen Z spend crypto on daily purchases, Gen X leads high-value spending2025-07-17 10:10:57
- 3 charts scream ‘it’s altcoin season’ as Bitcoin dominance hits 8-week lows2025-07-17 09:52:19