$ETH is showing far more relative strength than $BTC right now.



After breaking out of a year-long descending channel, Ethereum is signaling a potential trend reversal. If this momentum continues, it could mark the beginning of broader altcoin strength.

This is the kind of move many altcoin holders have been waiting for.

#DirectIPOSeason2JerseyMikes
ETH0.73%
BTC-0.39%
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GasAnalyst
· 1h ago
Breaking out of the downward channel is a good sign, but you still need to see whether it can hold; the altcoin season might really be coming.
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VaultKeeper
· 1h ago
ETH in this round is indeed strong—much more bullish than BTC.
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SRArtisan
· 2h ago
I’ve been waiting for ETH to make a breakout—this time it finally didn’t disappoint. If it really can break out of a trend reversal, then the altcoin market will be worth looking forward to next, since Ethereum is the bellwether.
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