A key support level is seen at $102,314 — the upper boundary
Quick overview
- Current market conditions favor a tactical shift towards Ethereum over Bitcoin due to institutional adoption and capital rotation.
- Bitcoin is attempting to recover from a nearly 5% loss last week, while Ethereum is establishing support around $2,500.
- Altcoins are experiencing moderate gains, with some tokens like Sui and Hyperliquid showing stronger rebounds.
- Technical indicators present mixed signals, but Ethereum’s recent performance highlights its potential for innovative applications.
Current technical and macroeconomic conditions suggest a tactical opportunity to overweight Ethereum relative to Bitcoin, in a market environment where institutional adoption and capital rotation are redefining crypto leadership.
Cryptocurrencies are starting the week with a bullish tone. Bitcoin (BTC), which lost nearly 5% last week, is attempting to regain ground and is trading around $105,400. In contrast, Ethereum (ETH) is showing a slight pullback as it looks to establish support around the $2,500 level.
Altcoins are generally following the upward trend, albeit with more moderate gains. Tokens such as XRP, Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), Tron (TRX), and Cardano (ADA) are advancing cautiously. Meanwhile, other assets like Sui (SUI) and Hyperliquid (HYPE) are posting stronger rebounds, signaling growing buying conviction.
BTC/USD
The rally comes amid a backdrop of macroeconomic uncertainty that continues to weigh on investor sentiment. Lack of clarity around inflation, U.S. trade policy, and the overall economic outlook is limiting crypto’s upside momentum. Added to this are persistent geopolitical risks, prompting some investors to unwind their positions in digital assets.
Bitcoin consolidates while Ethereum takes the lead: mixed signals in technical analysis
Technical indicators are sending conflicting messages. The MACD on the daily chart shows red bars below the neutral line, suggesting a bearish undertone. However, the RSI, currently at 62 and trending upward, leaves room for further rebounds. A key support level is seen at $102,314 — the upper boundary of the Fair Value Gap — and a break below this level could accelerate selling pressure. That said, declining volatility and the recent green light for 401(k) fiduciaries to include crypto assets are positioning Bitcoin as a long-term store of value, even if near-term enthusiasm remains subdued.
Ethereum Outlook
In contrast to Bitcoin, Ethereum recently reached $2,788 — its highest level since February 2025 — before correcting to around $2,551 and then slipping further toward the week’s close. The ETH/BTC pair has appreciated by about 6% from its recent lows, indicating growing market recognition of Ethereum’s ability to support innovative use cases such as DeFi, staking, layer-2 scaling solutions, and even AI-powered applications.
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.
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