ETH/BTC Surge Dey Show Bitcoin Dominance Peak, Altseason
Ethereum don overtake Bitcoin for July as strong demand from institutions and spot ETF inflows push ETH up 34.8% to $3,426 from early-month low. Net ETF inflows into Ethereum reach 79,674 ETH (~$256 M), iShares dey lead. For weekly chart, ETH/BTC clear 0.02629 resistance and dey try 0.02968, bounce from 0.015–0.020 support zone. This breakout match wit Bitcoin Dominance fall from 66.04% to 62.47%, show say capital dey move enter altcoins. Crypto analyst Matthew Hyland warn say if ETH/BTC keep im uptrend, e get 99% chance say Bitcoin Dominance don reach im peak. Traders dey watch 0.038 BTC level as key barrier for Ethereum to continue rally. Overall, growing ETF demand, technical momentum, plus possible altseason mean bullish outlook for ETH.
Bullish
Di kombain news dem show plenty bullish tin dem wey fit push Ethereum yan. Short term, di ETH/BTC breakout pass key resistance level dem (0.02629 and 0.02968) plus di rise wey dey come into ETF dem mean say teknikal momentum strong and institutions dey show interest. At di same time, di drop for Bitcoin Dominance to around 62.5% mean say money dey flow enter altcoins, wey usually dey speed up price increase for big project like ETH. Long term, di steady demand for spot ETF (79,674 ETH net inflows) and support from big fund providers dey back solid structural trend. If ETH/BTC fit keep up di uptrend, analysts believe say Bitcoin Dominance don reach im peak, wey go open road for long altseason and more upside for ETH.