Ethereum Pulls off Major Rebound Against Bitcoin, What’s Happening?
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Ethereum (ETH), the leading altcoin, has pulled off a massive rebound against Bitcoin (BTC), the flagship cryptocurrency. Notably, this comes as the ETH/BTC Relative Strength Index (RSI) stopped its three-year downward trend. Ethereum Golden Cross on the Horizon Ted Pillows, a market investor and entrepreneur, highlighted this in a post on X, suggesting it could signal an incoming rally for Ethereum. For clarity, the ETH/BTC RSI indicates how Ethereum is performing in relation to Bitcoin. When the ratio is going up, it clearly indicates that Ethereum is gaining strength against Bitcoin. This is regardless of the price of both assets in dollar terms. You Might Also Like According to Pillows, currently, “ETH/BTC is pumping while Bitcoin is going down.” This implies that Bitcoin is now falling more than Ethereum, and the ratio favors the leading altcoin. It could become a bullish signal for ETH as the momentum shifts to it. $ETH/BTC is pumping while Bitcoin is going down. Do you know why? Because ETH/BTC weekly RSI broke out of its 3-yr downtrend. Also, a golden cross is approaching which will further pump ETH/BTC. Get ready, Altseason has started. pic.twitter.com/LKUyLgxhC9 — Ted (@TedPillows) July 15, 2025 Additionally, Pillows says that Ethereum will soon register a golden cross, where its short-term moving average will cross above the long-term moving average. The bullish technical signal likely supports further upward momentum for ETH. The entrepreneur and investor is optimistic that this might mark the start of an altcoin bull run on the crypto market. CoinMarketCap data indicate that Ethereum has gained 16.52% in price over the last seven days. This is higher than Bitcoin, which has managed 16.52% despite posting an all-time high (ATH) within the period. Institutional boost and Ethereum price outlook As U.Today reported, the sentiment of traders on the market over…
