ETH/BTC Pair Flashes First Bullish Signal of 2025, Says IncomeSharks
Flash
May 20, 2025 2:01 PM
In Brief:
ETH/BTC’s SuperTrend indicator has turned bullish for the first time this year.
Analysts at IncomeSharks suggest this may confirm a market bottom for the pair.
Main Article:
According to ChainCatcher, trading analytics group IncomeSharks reports that the SuperTrend indicator for the ETH/BTC trading pair has flipped bullish for the first time in 2025—a technical development that may suggest the pair has reached a bottom.
IncomeSharks claims the signal has been backtested for reliability, adding confidence to the idea that Ethereum may begin outperforming Bitcoin in the coming sessions. This shift could mark a turning point after months of BTC dominance, especially as institutional interest in Ethereum spot ETFs grows.
The ETH/BTC trading pair is often used by traders to measure relative strength between the two largest cryptocurrencies. A bullish reversal in this ratio typically suggests renewed capital flow into Ethereum, often fueled by L2 activity, smart contract demand, and DeFi momentum.
Market watchers will now look to confirm follow-through in price action and volume as ETH potentially begins a new cycle of strength relative to Bitcoin.
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