CryptoQuant: Ethereum to Outperform Bitcoin in Short-to-Mid Term
CryptoQuant analyst CryptoMe highlights that Ethereum has recently outperformed Bitcoin. The surge in CME open interest for ETH, coupled with limited retail investor participation, suggests Ethereum’s relative strength over Bitcoin may continue in the short-to-medium term. Traders should watch institutional flows and OI trends as potential drivers of further ETH gains.
Bullish
The forecast of sustained Ethereum outperformance, supported by rising CME open interest and subdued retail participation, tends to boost trader confidence in ETH and may drive higher demand in the short term. Historically, similar spikes in CME OI preceded major ETH rallies, such as in early 2021 when institutional inflows led to significant price gains. Continued accumulation by institutions, as reflected in OI, could underpin longer-term support for Ethereum against Bitcoin. While overall crypto market volatility remains, the data signals a bullish outlook for ETH traders focusing on short- to medium-term opportunities.