👑♟ Ethereum’s Rise in Market Dominance – The Queen’s Move 📈🔥
Most of the time, traders focus on Bitcoin dominance as the leading gauge of crypto market capital flow. But right now, it’s Ethereum’s turn to shine — the Queen of crypto is starting to dominate the board.
Ethereum dominance has surged from the 7.18% lows, reclaiming the 0.618 Fibonacci retracement zone, and is now holding strong near 12.73%. This bounce comes after years inside a large descending channel, where past peaks hit 30.73% in 2018 and 22.58% in 2022.
With the next key target sitting at 18.29%, ETH dominance is flashing early signs of a potential market shift. If the Queen breaks past the upper channel resistance around 20.32%, we could see a historic run toward the 30–37% dominance range.
🔑 Key insights:
Bounce from major long-term channel support
0.618 Fib level reclaimed — bullish technical signal
Room to climb before meeting the upper trendline resistance
Breakout could mark a major power shift in crypto market share
If Bitcoin is the King, Ethereum is proving once again why she’s the Queen — strategic, resilient, and ready to take more of the board.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Most of the time, traders focus on Bitcoin dominance as the leading gauge of crypto market capital flow. But right now, it’s Ethereum’s turn to shine — the Queen of crypto is starting to dominate the board.
Ethereum dominance has surged from the 7.18% lows, reclaiming the 0.618 Fibonacci retracement zone, and is now holding strong near 12.73%. This bounce comes after years inside a large descending channel, where past peaks hit 30.73% in 2018 and 22.58% in 2022.
With the next key target sitting at 18.29%, ETH dominance is flashing early signs of a potential market shift. If the Queen breaks past the upper channel resistance around 20.32%, we could see a historic run toward the 30–37% dominance range.
🔑 Key insights:
Bounce from major long-term channel support
0.618 Fib level reclaimed — bullish technical signal
Room to climb before meeting the upper trendline resistance
Breakout could mark a major power shift in crypto market share
If Bitcoin is the King, Ethereum is proving once again why she’s the Queen — strategic, resilient, and ready to take more of the board.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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📣 Telegram: t.me/fxprofessor88
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📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.