Ethereum/BTC Nears Bottom, Signs of Reversal Emerging

The trend in rice has started to show initial signs of ending. ETH/BTC seems to have stabilized after a significant fall, settling just above the 0.02 BTC level. Despite still being below major moving averages such as the 50-week, 100-week, and 200-week, the selling pressure has eased, and trading volume appears to be leveling off. This indicates a potential reversal or a swing formation. Should Ethereum regain key support zones and Bitcoin's market dominance continue to weaken—consistent with recent market insights—the ETH/BTC ratio might begin an upward movement. Such a shift could prompt a rotation from Bitcoin into Ethereum and other altcoins, possibly marking a new stage in the crypto cycle where altcoins outperform.

Market analysts observe early signals that the current downtrend may be ending. Ethereum's paired value against Bitcoin appears to have found a local bottom, which could signal a potential turnaround. The stabilization of volume and decline in selling momentum support the possibility of a trend reversal, especially if broader crypto market dynamics, like Bitcoin dominance divergence, persist.