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๐จ ETH IS OUTPACING BTC โ BUT IS THIS THE START OF SOMETHING BIGGER?
ETHโs move today deserves a closer look.
Itโs gaining roughly 3ร what BTC has gained over the past 24 hours, as the pause in Iran tensions brings some risk appetite back into the market.
That kind of relative strength could be important. ETH often starts attracting capital before broader altcoin momentum kicks in. But Iโm not ready to call it a trend yet โ this could simply be ETH catching up after lagging.
The macro picture is still complicated.
Falling jobless claims give the Fed less reason to rush into rate cuts, keeping real yields elevated and limiting the liquidity tailwind crypto needs for a sustained rally.
And this weekโs Google and Tesla earnings could matter more than traders realize. Any major growth disappointment could quickly hit the broader risk-on trade.
For now, Iโm watching ETH closely โ but I want more confirmation before calling this bounce structural.
Just my read, not financial advice.
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