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$ETH just pulled off its strongest rally vs BTC since 2021, and analysts Blow-off top? or are split: Cooldown before liftoff?
๐ธ Bull Case: If BTC charges toward $150K & ETH/BTC hits 0.044, ETH could break its $4,850 ATH and run to $6K-$7K this year. Institutional ETH ETFs are stacking hard holdings jumped from $24B in July to $33B now. BTC dominance dipping for the first time in years could mean altseason is knocking.
๐ธ Pullback Play: Floor at $3,350 = July's higher low & key support. A dip here might be the gift entry before a monster Q4 run.
๐ Altcoin watchlist if ETH leads: $UNI , LINK, CRV, $COMP + hot newcomers AERO, PENDLE, ENS, HOME.Stablecoin flows also bullish & USDT dominance on ETH is massive. USDC
๐ธ Bonus signal: ETH supply on exchanges is just 12% lowest since 2016. Supply squeeze + rising demand =
TL;DR: Above $3,350, ETH still looks primed. Q4 could be the ignition point. Watch BTC dominance & DeFi leaders.