Hey, you guys, Ethereum (ETH) is having a major moment 🤩. The leading altcoin has pulled off a massive rebound against Bitcoin (BTC), because who doesn’t love an underdog story? 🐕 Notably, this comes as the ETH/BTC Relative Strength Index (RSI) finally stopped its three-year downward trend. I mean, it’s about time, right? ⏰
Ethereum’s Golden Cross: The Ultimate Plot Twist
Ted Pillows, a market investor and entrepreneur, highlighted this in a post on X, suggesting it could signal an incoming rally for Ethereum. Because, you know, a golden cross is like the crypto version of a Taylor Swift album drop – everyone gets excited 🎉.
For clarity, the ETH/BTC RSI indicates how Ethereum is performing in relation to Bitcoin. When the ratio is going up, it clearly indicates that Ethereum is gaining strength against Bitcoin. This is regardless of the price of both assets in dollar terms. Think of it like a game of crypto “Would You Rather” 🤔.
According to Pillows, currently, “ETH/BTC is pumping while Bitcoin is going down.” This implies that Bitcoin is now falling more than Ethereum, and the ratio favors the leading altcoin. It could become a bullish signal for ETH as the momentum shifts to it. Because who doesn’t love a good comeback story? 📈
$ETH/BTC is pumping while Bitcoin is going down.
Do you know why?
Because ETH/BTC weekly RSI broke out of its 3-yr downtrend.
Also, a golden cross is approaching which will further pump ETH/BTC.
Get ready, Altseason has started.
— Ted (@TedPillows) July 15, 2025
Additionally, Pillows says that Ethereum will soon register a golden cross, where its short-term moving average will cross above the long-term moving average. The bullish technical signal likely supports further upward momentum for ETH. It’s like the crypto version of a caffeine boost ☕️.
The entrepreneur and investor is optimistic that this might mark the start of an altcoin bull run on the crypto market. Because who doesn’t love a good bull run? 🐂
CoinMarketCap data indicate that Ethereum has gained 16.52% in price over the last seven days. This is higher than Bitcoin, which has managed 16.52% despite posting an all-time high (ATH) within the period. Looks like Ethereum is low-key crushing it 💪.
Institutional Boost: The Secret Ingredient to Ethereum’s Success
As U.Today reported, the sentiment of traders on the market over the coming days might play a role in pushing Ethereum up. The coin could head toward the $4,000 level after it breached the $3,000 resistance. It’s like the crypto version of a game of Jenga – one wrong move and it all comes crashing down 🤯.
A crucial indicator is being able to hold support at this level. Once stability is established, new investors and late buyers who do not want to miss out might push the price upwards. It’s like the crypto version of FOMO – fear of missing out on all the fun 🎉.
There is also growing institutional attention on Ethereum from BlackRock and SharpLink. These could support the asset’s journey to a new ATH. Because who doesn’t love a good institutional boost? 🚀
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2025-07-15 19:40