Ethereum Momentum Builds as BTC Dominance Weakens
Ethereum has recently outperformed Bitcoin, helped by a shift of capital into altcoins—Bitcoin market dominance has dropped from ~65% to the low 60s. This rotation accelerates Ethereum’s rise, with on-chain and derivatives data confirming strong institutional buying.
Key Bullish Drivers
-
Declining Bitcoin dominance: Signals renewed market rotation into altcoins—once dominance breaks key resistance, it’s classic altcoin season fuel.
-
Short squeeze forming: Significant recent short liquidations in Ethereum indicate more upside risk.
-
Spot ETF inflows & treasury demand: Institutions continue pouring into ETH via ETFs and corporate treasuries.
Technical Roadmap & $4,800 Outlook
-
Support levels: Near-term zone sits between $3,300–$3,500.
-
Breakout target: Over $3,600, momentum could accelerate, pushing ETH toward $4,000—then eyeing $4,800 as a longer-term goal.
-
Inverse cup-and-handle: Chart patterns favor upside continuation—if confirmed, $4,800 becomes viable.
Trade Tactics
| Trade Type | Entry Zone | Stop-Loss | Target Zones |
|---|---|---|---|
| Breakout entry | $3,600–$3,650 | $3,500 | $4,000 → $4,800 |
| Dip buy | $3,300–$3,500 | $3,200 | $4,000+ |
-
React to short-squeeze signals and rising Bitcoin inflows.
-
Confirm entries with volume, RSI, and ETF flow data.
-
Trigger partial profit-taking near $4,000–$4,200 and trail into $4,800.
Real Internal TheCoinVibe Resources
-
Inverse Cup-and-Handle Guide for Altcoin Breakouts — Technical setup deep-dive
-
Measuring Bitcoin Dominance’s Impact on ETH Price — How BTC market share influences alt momentum
Affiliate Tools for Smart Setup
-
Trade confidently with low fees on Binance
-
Safeguard your ETH holdings in a Ledger Nano X cold wallet
Bottom Line
Ethereum’s ride is gaining steam—falling Bitcoin dominance, strong institutional inflows, and technical breakouts suggest a clear path toward $4,800. Navigate with smart entries (around $3,600 or $3,300), confirmed signals, and disciplined exits. The rally may have room to run—but only with structure and capital flow support.
Ready to trade or store securely?
-
Trade via Binance
-
Protect your ETH with Ledger Nano X
This is not financial advice. Always do your own research and align trades with your risk level.