Ethereum vs Bitcoin shows that the strong surge that kicked off during May might not be a one off...
If you take a look at monthly
ETHUSD and 
BTCUSD, both charts show a bullish trend that is active until EOY at least (maybe even during the first half of the whole of 2026 depending on how you look at it). But lately, it became clear that the pivot in the EF foundation, capitulation of Bankless who used to be cheerleaders for ETH at all times and started cozying up to Solana people at the bottom, and the insane level of hatred it accumulated from everyone in Crypto circles were the sign of a bottom signal.
This made sense to me as the monthly down trend active inETHBTC was coming to an end while price retested the level where it had turned bullish during 2016-2017, which led to the most massive 'Alt season' ever which made CT coin the term in hindsight after, something imbued in the crypto trader genome at this point. It was bound to be a signifcant level and indeed price bottomed very close to it in a climactic manner.
Recently, crypto endured a correction manifested in a daily timeframe down trend in most coins, but that trend is turning around once more it seems. The market has favored coins that have profitable protocolos/dapps since the bottom inETHBTC and ETHUSD, specially those returning $ to token holders like 
HYPE, 
ETHFI, and others that will or might do so (
AAVE, 
UNI, to name a few).
If you were sidelined you had and still have a decent chance to reposition into crypto for the next long term bullish swing.
Best of luck!
Cheers,
Ivan Labrie.
If you take a look at monthly
ETHUSD and BTCUSD, both charts show a bullish trend that is active until EOY at least (maybe even during the first half of the whole of 2026 depending on how you look at it). But lately, it became clear that the pivot in the EF foundation, capitulation of Bankless who used to be cheerleaders for ETH at all times and started cozying up to Solana people at the bottom, and the insane level of hatred it accumulated from everyone in Crypto circles were the sign of a bottom signal.This made sense to me as the monthly down trend active in
ETHBTC was coming to an end while price retested the level where it had turned bullish during 2016-2017, which led to the most massive 'Alt season' ever which made CT coin the term in hindsight after, something imbued in the crypto trader genome at this point. It was bound to be a signifcant level and indeed price bottomed very close to it in a climactic manner.Recently, crypto endured a correction manifested in a daily timeframe down trend in most coins, but that trend is turning around once more it seems. The market has favored coins that have profitable protocolos/dapps since the bottom in
ETHBTC and ETHUSD, specially those returning $ to token holders like HYPE, ETHFI, and others that will or might do so (AAVE, UNI, to name a few).If you were sidelined you had and still have a decent chance to reposition into crypto for the next long term bullish swing.
Best of luck!
Cheers,
Ivan Labrie.
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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.