Key takeaways:
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In a most unexpected turn of events, Ether has chosen this week to outshine the ever-so-stoic Bitcoin, reclaiming the prestigious throne of $3,000. đ
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The ETH/BTC duo has decided to waltz above its 200-day moving average, while the RSI has managed to break a three-year slump. One might say that a structural transformation is afoot, or perhaps just a very complicated tango.
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According to the oracle of all things fractal, a surge to the magical number of $18,205 awaits us, with a tantalizing first pit-stop at $4,000. Please keep your arms and legs inside the ride at all times.
After regaining the noble $3,000 mark for the first time since Februaryâs dismal days, our dear Ether (ETH) has dramatically showcased its prowess against the beleaguered Bitcoin (BTC). On a gloomy Tuesday, when Bitcoin was down to $116,500, our plucky ETH bravely reached new heights at $3,090 for the week. đą
What fuels this joyous ascendancy, you ask? Well, it seems the financial winds have turned, shifting capital from the mighty Bitcoin into the arms of Ether. Swissblock, the analytics firm of curious wizards, inform us that Bitcoinâs last four exuberant rallies lasted between 15 and 30 days. Now, with the current rally on day 12, profit-takers might be redirecting funds toward our beloved altcoinsâparticularly, the flamboyant ETH.
This charming twist is made apparent in the movements of the ETH/BTC pair. The one-day ETH/BTC chart has joyously broken free from its May 24 slumber, indicating a jubilant trend reversal. Eloquently, ETH/BTC has reclaimed the 200-day moving average, as if it is a long-lost lover returning home for Christmas after a year of wandering.
The optimistic narrative grows even sweeter, as advocates like Ted Pillowsâthe man, the myth, the pillowârejoice in the fact that the ETH/BTC weekly relative strength index (RSI) has finally pierced through a three-year downtrend. A golden cross is apparently lurking about, perhaps waiting for the right moment to steal the show.
As Bitcoin dominance walks the tightrope of fame and obscurity, our signals suggest we may be on the brink of an exhilarating altseason, where Ether dances gracefully ahead of Bitcoin in the weeks to come. đ
Can Ether rally 1,110% this cycle?
Enter our grand crypto analyst Merlijn The Trader, who showcases a captivating fractal analysis asserting that Ether (ETH) might mimic Bitcoinâs illustrious journey from 2018 to 2021. A woefully optimistic projection claims Ether may rise by a staggering 1,110%, potentially climbing to $18,205âif you believe in magic. đ©
The analysis draws attention to a whimsical pattern of a 63% correction followed by a fabulous 342% recovery rally, akin to a performance art piece that keeps getting interrupted. Something tells me this shares a spirit with Bitcoinâs historical endeavor during its previous bull cycle. Etherâs remarkable 100% rebound since the second quarter nudges us to believe that we may just be at the opening act of a magnificent fractal gala.
Nevertheless, while our fractal friends paint a pretty picture, itâs critical to remember that such analyses are often speculativeâentirely lacking in empirical, peer-reviewed validationâmuch like the advice of your eccentric uncle at family gatherings. Despite the uncertainties, the historical echoes breathe life into the hearts of fervent ETH supporters. đ
On a more pragmatic note, analyst Daan Crypto points to the immediate target for ETH as $4,000 after dramatically entering the upper half of an 18-month cycle range. In an X post, the trader opined,
â$ETH Has moved into the upper half of its massive cycle range. $2.8K & $4K are the only levels you’ll be needing on the higher timeframe. Anything else is noise in my opinion.â
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2025-07-16 00:00