ETH/BTC has just pushed above 0.026 on the 200‑day MA, indicating ETH’s relative strength against BTC, despite ETH still trading under $4,000.
Unlike the $4,000 rallies in March, May and December 2024—when ETH/BTC never truly broke out—this move shows genuine outperformance.
If Bitcoin holds at about $120K, revisiting the 2021–22 ETH/BTC high would put ETH near $9.6K.
Historical peaks for reference:
2018: ETH/BTC ≈ 0.12 → ETH ≈ $14,400
2017: ETH/BTC ≈ 0.15 → ETH ≈ $18,000
Unlike the $4,000 rallies in March, May and December 2024—when ETH/BTC never truly broke out—this move shows genuine outperformance.
If Bitcoin holds at about $120K, revisiting the 2021–22 ETH/BTC high would put ETH near $9.6K.
Historical peaks for reference:
2018: ETH/BTC ≈ 0.12 → ETH ≈ $14,400
2017: ETH/BTC ≈ 0.15 → ETH ≈ $18,000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.