Ethereum Breaks Multi-Month Wedge Against Bitcoin, Signaling Possible Relative Strength
The post Ethereum Breaks Multi-Month Wedge Against Bitcoin, Signaling Possible Relative Strength appeared on BitcoinEthereumNews.com.
Ethereum’s ETH/BTC pair has broken out of a multi-month falling wedge, signaling a potential shift in relative strength against Bitcoin. This breakout follows weeks of compressed trading, with fresh momentum driving intraday outperformance and rising volume indicating building buyer interest amid muted sentiment. ETH breaks a multi-month falling wedge against BTC after prolonged consolidation. Intraday charts reveal ETH outperforming BTC, with sharper gains and stable higher lows. Trading volume for ETH surged 30.7% to $19.24 billion, supporting early signs of structural strength. Ethereum ETH/BTC wedge breakout signals fresh momentum—discover how this shift impacts relative performance and what it means for traders in 2025. Stay ahead with key insights and analysis. What is the Ethereum ETH/BTC Wedge Breakout? Ethereum ETH/BTC wedge breakout refers to the recent price action where Ethereum’s value against Bitcoin escaped a multi-month falling wedge pattern on the daily chart. This technical formation, characterized by converging trendlines with lower highs and a flat support, had confined the pair since early September 2025. The breakout, observed around the upper boundary, indicates buyers gaining control and potentially ushering in a phase of relative strength for ETH. How Does the ETH/BTC Breakout Affect Market Positioning? The ETH/BTC breakout reshapes short-term market positioning by challenging Bitcoin’s dominance in the pair’s dynamics. According to analysis from trading expert Merlijn The Trader, the pattern’s resolution came after shallow tests of the upper trendline, where sellers’ pressure waned, allowing for a subtle yet decisive push higher. This move aligns with historical patterns where early wedge breaks often precede broader trend reversals without immediate high volatility. Data from CoinMarketCap highlights ETH trading at $3,038.73, up 0.51% intraday, with a market cap of $366.76 billion and circulating supply of 120.69 million ETH. Volume expansion to $19.24 billion, a 30.7% increase, underscores heightened activity that could sustain the…
