ETH BTC breakout ends months-long downtrend - retest zone now decides the trend
Ethereum traders have been watching one chart more closely than almost anything else in the crypto market this week, and for good reason. The ETH BTC breakout that just played out on the pairโs price chart has broken a downtrend that stretched across several months, and itโs raising a question that hasnโt been asked seriously in a long time: is Ethereum finally about to outperform Bitcoin again?
Key takeaways
- ETH/BTC broke above the 0.03205 level, ending a multi-month downtrend and pushing past its previous lower high.
- A retest zone between 0.0270 and 0.0260 is the next critical test for confirming a bullish reversal.
- If the retest holds, bullish targets sit at 0.040, 0.0500, and a broader range of 0.060 to 0.070.
- Losing the retest zone could send the pair back toward lower support and undercut the breakout thesis.
- A sustained move higher could pull capital toward Ethereum and lift sentiment across large-cap altcoins.
ETH/BTC Breaks Multi-Month Downtrend
ETH/BTC has broken above the 0.03205 level after months of grinding weakness, and that single move is enough to shift how traders read the chart. For a long stretch, sellers had been in firm control, printing lower highs and lower lows in a textbook downtrend that left Ethereum consistently losing ground against Bitcoin.
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