• ETH/BTC chart flipped 50-week average, signaling possible trend reversal.
• An analyst has said Ethereum may outperform Bitcoin short term, as trade.
• ETH must hold $3,630 or risk deeper correction toward $3,476.

Ethereum may be setting up to outperform Bitcoin in the short-to-mid term. The ETH/BTC ratio, a key chart that measures Ethereum’s strength against Bitcoin, recently flipped its 50-week moving average for the first time since 2023. This kind of move often means a trend reversal.

Experts have said that this could mean the start of a mini altcoin cycle, with Ethereum leading the way. If that’s true, Ethereum could end this market cycle around $7,500, while Bitcoin could land somewhere between $220,000 to $250,000.

Analyst Scott Melker also thinks Ethereum might do better than Bitcoin in the short term, but only as a trade. “It does look like Ethereum should outperform as a trade from here. But to be clear, it’s a trade. If you’re trying to buy an asset that you want to hold for 20 or 30 years, it’s hard to beat Bitcoin. I don’t think that there’s much argument,” he said.

Related: ETH and XRP Surpass $BTC in 24h Volume on Binance: Is …

The post Bitcoin Is for Holding; Ethereum for Trading. Here’s the Proof appeared first on Coin Edition.

• ETH/BTC chart flipped 50-week average, signaling possible trend reversal.
• An analyst has said Ethereum may outperform Bitcoin short term, as trade.
• ETH must hold $3,630 or risk deeper correction toward $3,476.

Ethereum may be setting up to outperform Bitcoin in the short-to-mid term. The ETH/BTC ratio, a key chart that measures Ethereum’s strength against Bitcoin, recently flipped its 50-week moving average for the first time since 2023. This kind of move often means a trend reversal.

Experts have said that this could mean the start of a mini altcoin cycle, with Ethereum leading the way. If that’s true, Ethereum could end this market cycle around $7,500, while Bitcoin could land somewhere between $220,000 to $250,000.

Analyst Scott Melker also thinks Ethereum might do better than Bitcoin in the short term, but only as a trade. “It does look like Ethereum should outperform as a trade from here. But to be clear, it’s a trade. If you’re trying to buy an asset that you want to hold for 20 or 30 years, it’s hard to beat Bitcoin. I don’t think that there’s much argument,” he said.

Related: ETH and XRP Surpass $BTC in 24h Volume on Binance: Is …

The post Bitcoin Is for Holding; Ethereum for Trading. Here’s the Proof appeared first on Coin Edition.