đ Ethereumâs 20% weekly rally fits the broader risk-on shift, outperforming $BTC with a 50% rebound since mid-June. The ETH/BTC pair just printed its first higher low since 2023 â a key bullish signal.
đ Why this matters? In May, ETH surged without confirming structure, and the move fizzled. Now, the new higher low suggests real buyer strength, potentially setting up a sustainable uptrend.
đ Ethereum dominance (ETH.D) just posted its biggest green daily candle in 2 months and has risen to 10.33%, the highest in Q2âQ3. Thatâs a clear signal: capital is rotating back into ETH.
đ Smart money agrees. Lookonchain tracked large whale entries, showing strong conviction as millions in ETH were scooped up during the breakout.
đ§ Bottom line: ETH isnât just riding BTCâs wave. Itâs building its own trend. If $3K holds as support, Ethereum may be carving out a new base for a potential run toward $3.4Kâ$3.8K next.

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