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Ethereum Reclaims $ETH Is the Market Preparing for a Break Above $BTC Ethereum has climbed back above the $1,900mark for the first time in more than a month, recovering nearly 11% from its recent low around $1,730.While the price move itself is attracting attention, the bigger story is the improvement in market structure. Buyers have successfully defended lower levels, volatility has stabilized, and confidence is gradually returning to the second-largest cryptocurrency.
A key bullish signal is the ETH/BTC ratio, which has risen to approximately 0.0297, its highest level in three months. This suggests capital is beginning to rotate from Bitcoin into Ethereum, a pattern that has historically supported stronger performance across the broader altcoin market. When Ethereum starts outperforming Bitcoin, it often reflects improving investor confidence rather than purely speculative buying.
From a technical perspective,