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Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains

ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”

Etheruem's (ETH) price continues to underperform compared to Bitcoin’s 2024 gains, but Glassnode analysts suggest that brighter days could lie ahead.

Data from Cointelegraph Markets Pro and TradingView shows that Ethereum has been underperforming Bitcoin over the last two years, resulting in a weaker ETH/BTC ratio, which reached a low of $0.04622 on May 1, the lowest since April 2021.

Glassnode said Ethereum’s under-performance this cycle relative to Bitcoin is due to a “measurable lag in speculative interest” from the STH cohort.

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Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Ethereum and Altcoin Capitulation Approaching Amid ‘One Final Push’: Analyst Benjamin Cowen

Ethereum and Altcoin Capitulation Approaching Amid ‘One Final Push’: Analyst Benjamin Cowen

A widely followed crypto analyst believes that Ethereum (ETH) and other altcoins are on the verge of a major market correction. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that Ethereum against Bitcoin (ETH/BTC) may be making one final move to the upside before a market capitulation. “In order […]

The post Ethereum and Altcoin Capitulation Approaching Amid ‘One Final Push’: Analyst Benjamin Cowen appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means

Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means

A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that if gold continues to do well, the top crypto asset by market cap may be in for a an extended […]

The post Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Ethereum Primed To Bleed Against Bitcoin for Longer Before Bull Phase Sets In, Says Benjamin Cowen – Here’s Why

Ethereum Primed To Bleed Against Bitcoin for Longer Before Bull Phase Sets In, Says Benjamin Cowen – Here’s Why

Cryptocurrency analyst Benjamin Cowen is expressing bearish sentiment on Ethereum (ETH) relative to Bitcoin (BTC) over the short to medium term. In a new video, Cowen tells his 799,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair has further room to fall. “My base case at this point in time is that Ethereum/Bitcoin bottoms this summer, […]

The post Ethereum Primed To Bleed Against Bitcoin for Longer Before Bull Phase Sets In, Says Benjamin Cowen – Here’s Why appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch

Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch

Seasoned trader Peter Brandt says Bitcoin (BTC) is flashing a common bull market pattern that typically precedes a burst to the upside. The trader, who gained legendary status after calling the 2017 Bitcoin collapse, says BTC may soon rally to around $80,000 as it threatens to take out its short-term diagonal resistance. However, Brandt warns […]

The post Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Here’s When Ethereum and Altcoins Could Start To Outrun Bitcoin, According to Analyst Jason Pizzino

Here’s When Ethereum and Altcoins Could Start To Outrun Bitcoin, According to Analyst Jason Pizzino

A widely followed crypto analyst is detailing when he believes Ethereum (ETH) and altcoins could outpace Bitcoin (BTC). In a new video update, crypto strategist Jason Pizzino tells his 321,000 YouTube subscribers that the altcoin market is setting up for a massive rally – with the ETH/BTC pair as its proxy. “Still seems like the […]

The post Here’s When Ethereum and Altcoins Could Start To Outrun Bitcoin, According to Analyst Jason Pizzino appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Ethereum 2019 Correction Repeating? Analyst Warns Ethereum May See Larger Pullback

Ethereum 2019 Correction Repeating? Analyst Warns Ethereum May See Larger Pullback

Closely followed analyst Benjamin Cowen says Ethereum may be in the midst of repeating a historical pattern that could bring ETH down to much lower levels. In a new strategy session, Cowen tells his 790,000 YouTube subscribers that in the last crypto bear market, Ethereum didn’t bottom out until canceling out a previous breakout from […]

The post Ethereum 2019 Correction Repeating? Analyst Warns Ethereum May See Larger Pullback appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Ethereum on the Cusp of Nearly 50% Rally, According to Crypto Analyst Michaël van de Poppe

Ethereum on the Cusp of Nearly 50% Rally, According to Crypto Analyst Michaël van de Poppe

A widely followed crypto analyst is expressing bullish sentiment toward Ethereum (ETH), the second-largest digital asset by market cap. Crypto strategist Michaël van de Poppe tells his 691,900 followers on the social media platform X that Ethereum is ready to spark a run to $3,500, a price it hasn’t seen since April 2022. According to […]

The post Ethereum on the Cusp of Nearly 50% Rally, According to Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

‘Decision Time’ for Ethereum Imminent, Says Crypto Analyst Benjamin Cowen – Here’s What He Means

‘Decision Time’ for Ethereum Imminent, Says Crypto Analyst Benjamin Cowen – Here’s What He Means

A widely followed crypto analyst says that Ethereum (ETH) is fast approaching a major turning point that could see it collapse against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 788,000 YouTube subscribers that the ETH/BTC ratio will reach a “decision time” as soon as early next week. “Decision time […]

The post ‘Decision Time’ for Ethereum Imminent, Says Crypto Analyst Benjamin Cowen – Here’s What He Means appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

Crypto Analyst Calls for Ethereum To Massively Underperform Against Bitcoin, Says Now Is Not the Time for ETH

Crypto Analyst Calls for Ethereum To Massively Underperform Against Bitcoin, Says Now Is Not the Time for ETH

A closely followed crypto strategist warns that Ethereum (ETH) will continue to lag behind the flagship digital asset Bitcoin (BTC). Trader Credible Crypto tells his 353,200 followers on the social media platform X that the Ethereum versus Bitcoin pair (ETH/BTC) is still in a macro downtrend. According to the analyst, the ETH/BTC rally spurred by […]

The post Crypto Analyst Calls for Ethereum To Massively Underperform Against Bitcoin, Says Now Is Not the Time for ETH appeared first on The Daily Hodl.

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal