I’m glad to see growing strength in Ethereum.
I still believe it’s a must-have in any well-balanced portfolio, as the market continues to significantly undervalue Ethereum’s long-term potential.
From a technical perspective, I’d like to see a confirmed breakout above 0.0325 BTC to validate continuation of the current uptrend. A strong close above that level could open the door for further upside momentum.
On the higher timeframe, Ethereum has been in an uptrend against Bitcoin since April. At this stage, the market appears to be searching for a higher low, which would strengthen the broader bullish structure.
If that higher low forms and resistance breaks, the trend continuation scenario becomes much clearer.
BTC
70,536.23
+0.61%
ETH
2,065.87
+1.32%