Ether outpaces Bitcoin’s trend change: Is ETH on track for a 20% rally?
Ether is currently outperforming Bitcoin due to strong ETF inflows and technical breakouts, potentially setting up a 20% rally.Summary
Ether has recently outperformed Bitcoin in terms of price action and spot ETF flows, with ETH ETFs attracting three times more net inflows ($360 million vs. $120 million for BTC) over the past two weeks, signaling a capital rotation.
Analysis of retail behavior shows aggressive buying when ETH dipped below $2,700, mirroring past accumulation phases, though this might precede a final, controlled pullback to shake out late buyers before a sustained rally. Furthermore, Ethereum's Net Unrealized Profit/Loss (NUPL) is near 0.22, indicating a balanced market without euphoria, suggesting strong underlying holder sentiment.
Technically, ETH has confirmed a break of structure above $3,200, giving it a structural advantage over BTC, which still needs to decisively close above $96,000. The ETH/BTC pair also broke out of a 30-day consolidation and retested the 200-day Simple Moving Average. If Bitcoin stabilizes above $94,000, Ether is positioned to retest its $3,650 swing high and potentially target $3,900, representing a 20% rally from current levels.
(Source：Cointelegraph)