Ethereum Outperforms Bitcoin 75% in 90 Days Amid Bullish Technical Signals

Ethereum has recently demonstrated significant strength against Bitcoin, with the ETH/BTC pair showing a bullish reversal from multi-month lows. This shift is marked by a golden cross formation, where the 9-week and 26-week Exponential Moving Averages (EMAs) have crossed, indicating a potential bullish crossover for the first time since 2021. This technical signal is further supported by a breakout in the Relative Strength Index (RSI), which has moved above 50 for the first time in over a year, signaling rising relative strength for Ethereum.

The ETH/BTC pair has rallied from 0.01840 to 0.02579, with bulls now targeting 0.03120 as the next major resistance level. The price is currently trading within the Ichimoku cloud, and if bulls can maintain support at 0.02200, Ethereum could extend its gains toward the upper cloud range. The golden cross and RSI breakout serve as dual confirmations supporting this bullish move.

Over the past 90 days, Ethereum has outperformed Bitcoin with a 75% gain, compared to Bitcoin's 33% increase. This divergence began in early May and has persisted, reflecting stronger demand and higher investor participation in Ethereum. The price structure shows Ethereum holding above 60% gains through multiple corrections, while Bitcoin has struggled to maintain gains above 35%. This trend suggests active market rotation, with Ethereum leading major altcoin flows.

Analysts view this setup as structurally bullish for Ethereum, with the potential to reshape short-term dominance in the altcoin market. The technical indicators and market trends suggest that the third quarter of the year could see significant momentum for altcoins, with Ethereum at the forefront. As the market continues to evolve, investors and traders will be closely monitoring these developments to gauge the potential for further gains in the altcoin space.