Ethereum Price to Reach $4,000, but Market Top Suggests DelayBINANCE:ETHUSDT current price stands at $3,872, holding above its local support level of $3,742. While ETH is approaching the $4,000 mark , it has not yet managed to breach it. This resistance could continue to hold, limiting Ethereum's immediate potential for further gains.
Currently, 96% of BINANCE:ETHUSDT total supply is in profit. Historically, when the profitable supply surpasses 95%, it signals a market top . This has been followed by price corrections as investors begin to secure profits.
If the market top triggers a reversal, BINANCE:ETHUSDT price could drop to $3,530 or lower . A sharp decline to $3,131 is also a possibility, erasing much of the recent gains made in the past month.
On the other hand, if the influx of new addresses continues and strengthens, BINANCE:ETHUSDT may finally break through the $4,000 resistance. Should this happen, ETH could rise towards $4,425, with a renewed surge in price. This would invalidate the bearish thesis and push Ethereum into a new bullish phase.
Ethereum (Cryptocurrency)
ETHUSD Bullish Flag breakout support at 3,667The ETHSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 3,667 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3,667 would confirm ongoing upside momentum, with potential targets at:
4,020 – initial resistance
4,105 – psychological and structural level
4,190 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3,667 would weaken the bullish outlook and suggest deeper downside risk toward:
3,584 – minor support
3,482 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ETHUSD holds above 3,667. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ARKK: The Calm Before the Innovation Storm -ALTSEASON Is COMING🚀 ARKK: The Calm Before the Innovation Storm 🌪️
The markets are shifting, and disruption is about to go vertical. ARK Innovation ETF (ARKK) is quietly positioning itself for what could be the most explosive move of this decade. With high-conviction bets in AI, Bitcoin, genomics, and next-gen tech, this isn’t just a fund—it’s a launchpad for exponential growth.
This post breaks down exactly why ARKK could go parabolic—and why the smart money is already moving in. 👇
Explosive upside in 2026
ARKK is already up over 24% YTD , showing strong momentum compared to broader markets and signaling early stages of a potential parabolic move .
High-conviction concentration in game-changers
Top 10 holdings include Tesla, Roku, Zoom, Coinbase, UiPath, Block, Crispr Therapeutics, DraftKings, Shopify, and Exact Sciences. These are leaders in innovation sectors with massive upside potential .
Deep exposure to Bitcoin and digital assets
Heavy allocation to Coinbase and Block gives indirect exposure to Bitcoin . If BTC breaks into a new cycle high , ARKK stands to benefit significantly.
Positioned in exponential growth sectors
Focus on AI, genomics, EVs, fintech, robotics, and blockchain , all of which are entering accelerating adoption phases globally.
Aggressive smart-money accumulation
Cathie Wood’s team continues buying aggressively during dips, reinforcing institutional confidence in the fund’s long-term trajectory.
Technical breakout structures forming
Ascending triangle and multi-month consolidation breakouts suggest a technical setup primed for explosive upside .
Innovation supercycle aligning
ARKK's themes are aligned with major global shifts like de-dollarization, decentralized finance, and AI convergence .
High beta = massive upside leverage
With a beta above 2 , ARKK tends to outperform in bull runs , offering leveraged exposure to innovation without the need for margin.
Resurgence of top holdings
Names like Coinbase, Tesla, Shopify, and Roku are up 50%–100% YTD , driving ARKK’s NAV growth and fueling bullish sentiment .
Long-term vision with short-term catalysts
The fund projects 5x returns over the next five years , while Bitcoin halving cycles, tech innovation, and regulatory clarity serve as short-term ignition points .
Marty Boots | 17-Year Trader — smash that 👍👍, hit LIKE & SUBSCRIBE, and share your views in the comments below so we can make better trades & grow together!
Strong ETH on the 4H !
ETH is now in the process of retesting both the 50MA and the 0.236 Fib level.
This current candle is closing strong — with solid volume. If momentum holds, both systems are close to flipping bullish:
– PSAR is about to flip
– MLR and SMA are lining up to cross above the BB center
RSI has cooled off, giving room for more upside, and MACD is close to turning bullish.
In short:
We’ve got a confirmed Fib retest on good volume
Both systems are preparing to signal long
And both oscillators are backing the move
We’ll be here to watch it unfold.
Always take profits and manage risk.
Interaction is welcome.
Eth next bottom (T2)As anticipated, my bearish T1 target (red) was hit soon after I first posted this chart on July 23rd 2025.
As the arrow indicated, Eth would bounce from my bearish T1 (red) to my bullish T1 (green). This has been confirmed in both price and in the timeframe indicated by my boxes.
There was also a downward arrow from my green T1 pointing towards my bearish T2 (red). Eth is already retracing from my top target, and I belive it will now continue down the red channel towards T2 and possibly T3 (between $2990 - $3200)
Ethereum - Finally new all time highs!🔬Ethereum ( CRYPTO:ETHUSD ) will break out now:
🔎Analysis summary:
For more than four years, Ethereum has overall been moving sideways. However now Ethereum is once again retesting previous all time highs and preparing a bullish breakout. Multiple retests are generally considered bullish so the breakout is very likely to happen any time soon.
📝Levels to watch:
$4.000
🙏🏻#LONGTERMVISION
SwingTraderPhil
Ethereum Price Eyes $5K as Frenzy Fuels Supply ShockEthereum's Ascent: A Perfect Storm of Institutional Frenzy, Dwindling Supply, and Shifting Market Dominance
A palpable sense of anticipation is building in the cryptocurrency market, and its focal point is increasingly not on the reigning king, Bitcoin, but on its heir apparent, Ethereum. A confluence of powerful forces—ranging from bullish proclamations by Wall Street titans and an unprecedented institutional buying spree to compelling on-chain metrics and a shifting market structure—is painting a picture of a potential paradigm shift. The world's second-largest cryptocurrency is not just rallying; it appears to be on the precipice of a significant breakout, with some analysts eyeing targets that would shatter its previous all-time highs. This is not merely a story of price appreciation but a narrative of a "quiet takeover," where Ethereum's fundamental strengths and evolving role in the digital asset economy are finally being recognized by the world's largest financial players.
The chorus of bullish voices has grown louder in recent months, led by influential figures like billionaire investor and Galaxy Digital CEO, Mike Novogratz. A long-time crypto proponent, Novogratz has become increasingly vocal about his conviction that Ethereum is poised to outperform Bitcoin in the near future. He has repeatedly stated that Ethereum has a "really powerful narrative" and that market conditions are aligning for a significant upward move. Novogratz's thesis is built on a simple yet potent economic principle: a demand shock colliding with an already constrained supply. He predicts that Ethereum could outperform Bitcoin in the next three to six months, a bold statement given Bitcoin's own impressive performance.
The catalyst for this potential outperformance, according to Novogratz, is the flood of institutional capital now targeting Ethereum. This isn't just speculative interest; it's a strategic shift by major companies to hold ETH as a treasury reserve asset. This trend, he argues, is creating a supply crunch that will inevitably drive prices higher. The billionaire has identified the $4,000 mark as a critical psychological and technical level. In his view, a decisive break above this price point would launch Ethereum into a phase of "price discovery," where past resistance levels become irrelevant and the asset's value is determined by the sheer force of market demand. Novogratz believes Ethereum is "destined" to repeatedly challenge this $4,000 ceiling, suggesting that a breakout is a matter of when, not if.
This bullish sentiment from one of crypto's most respected voices is not occurring in a vacuum. It is underpinned by a dramatic and sustained price rally that has seen Ethereum's value surge by an astonishing 75% since late June. This powerful uptrend is not fueled by retail FOMO alone; rather, it is the result of a verifiable and accelerating wave of institutional adoption.
The primary engine behind this rally has been the launch and subsequent success of spot Ethereum Exchange-Traded Funds (ETFs). These regulated financial products have opened the floodgates for institutional investors to gain exposure to ETH without the complexities of direct custody. The inflows have been nothing short of staggering. In one remarkable instance on July 25th, Ethereum ETFs registered a net inflow of $452.8 million in a single day, with BlackRock's ETHA fund accounting for the lion's share at $440.1 million. This figure represents a dramatic escalation from the sub-$100 million daily inflows seen in early July, indicating a multifold jump in institutional buying pressure. In a single week, these ETFs absorbed a massive $2.18 billion, showcasing the voracious appetite of big money for a piece of the Ethereum network.
The impact of these ETF inflows is being magnified by a phenomenon known as a "supply shock." Analysts have noted that in a three-week period, ETFs purchased an amount of ETH equivalent to what the network would issue over 18 months. This aggressive absorption of the available supply from the open market, at a time when supply is already constrained due to staking and other factors, creates a powerful upward pressure on price.
The institutional frenzy is not limited to passive ETF investments. A new and significant trend has emerged: the rise of the "Ethereum treasury company." Mirroring the strategy pioneered by MicroStrategy with Bitcoin, corporations are now beginning to add substantial amounts of ETH to their balance sheets, viewing it as a strategic asset and a yield-bearing investment through staking.
Leading this charge is SharpLink Gaming, an online technology company that has made headlines with its aggressive accumulation of Ether. The company recently purchased an additional 77,210 ETH, worth approximately $295 million, in a single transaction. This purchase alone was more than the total net issuance of new Ether over the preceding 30 days. Following this acquisition, SharpLink's total holdings soared to over 438,000 ETH, valued at more than $1.69 billion. This makes SharpLink one of the largest corporate holders of Ethereum, second only to Bitmine Immersion Tech.
SharpLink's strategy is clear and ambitious. The company has filed to increase its stock sale from $1 billion to $6 billion, with the majority of the proceeds earmarked for further ETH purchases. The appointment of Joseph Chalom, a 20-year veteran of the world's largest asset manager, BlackRock, as its new co-CEO, lends further institutional credibility to its crypto-centric strategy. The company has also been vocal about its belief in the Ethereum network, with a recent social media post declaring, "Banks close on weekends. Ethereum runs 24/7." This sentiment captures the essence of why institutions are drawn to the programmable, always-on nature of the Ethereum blockchain.
Other companies, such as BitMine Immersion Technologies and the upcoming Ether Machine, which plans to list on Nasdaq, are also amassing significant ETH treasuries. BitMine has reported holdings of over 566,000 ETH, worth more than $2 billion. Collectively, these corporate players are creating a significant and sustained source of demand, locking up large portions of the circulating supply. This corporate buying spree is a powerful vote of confidence in Ethereum's long-term value proposition, extending far beyond its utility as a digital currency.
The torrent of institutional capital and corporate accumulation is vividly reflected in Ethereum's on-chain data. The network is buzzing with activity, providing a transparent window into the scale of the current buying pressure. One of the most telling metrics has been the explosion in on-chain volume. Over a recent three-week period, on-chain ETH volume surged by an incredible 288%, reaching a staggering $10.38 billion. This indicates a deep and liquid market with robust participation.
Even more compelling is the activity of large holders, colloquially known as "whales." Analysis of blockchain data reveals a sharp increase in the number of "mega whale" addresses—those holding 10,000 ETH or more. Since early July, over 170 new mega whale addresses have appeared on the network. This trend strongly suggests that the massive inflows from ETFs are not just being held by custodians but are being translated into direct, long-term accumulation by large, well-capitalized entities. These are typically "strong hands" that are less likely to sell in response to short-term market fluctuations, providing a stable base of support for the price.
Furthermore, the weekly volume of large transactions, defined as those exceeding $100,000, has hit its highest level since the peak of the 2021 bull run, totaling more than $100 billion in a single week. This explosion in whale activity, coinciding with Ethereum's price breakout into the high $3,000s, confirms that "smart money" is actively and aggressively positioning itself in the market. This is not the speculative froth of a retail-driven rally but the calculated maneuvering of institutional players.
Adding another layer to Ethereum's bullish case is a significant shift in the broader cryptocurrency market landscape: the steady decline of Bitcoin's dominance. Bitcoin dominance, which measures BTC's market capitalization as a percentage of the total crypto market cap, has been trending downwards. This indicates that capital is beginning to flow out of Bitcoin and into alternative cryptocurrencies, or "altcoins," with Ethereum being the primary beneficiary.
This phenomenon, often referred to as a "quiet takeover," signals growing confidence in Ethereum's relative strength. While Bitcoin has already set new all-time highs in the current cycle, Ethereum has yet to surpass its 2021 peak, suggesting it has more room to run. Analysts note that as Bitcoin's momentum has somewhat stalled, investors seeking higher returns are rotating into Ethereum, which offers a compelling combination of a strong narrative, institutional adoption, and significant upside potential.
The outperformance is stark when looking at recent returns. In the last 30 days, while Bitcoin posted respectable gains of around 11%, Ethereum surged by over 61%. This divergence is a classic sign of a market beginning to favor altcoins, a period often dubbed "altcoin season." Ethereum, as the leader of the altcoin pack, typically paves the way for broader rallies across the ecosystem. A rising Ethereum price and declining Bitcoin dominance create a fertile ground for other altcoins to flourish, with some analysts predicting double-digit returns for many smaller projects if Ethereum can successfully break the $4,000 barrier.
From a technical perspective, Ethereum's price chart is flashing multiple bullish signals, suggesting that the recent rally could be the start of a much larger move. Analysts are closely watching several key formations that have been developing over a long period. One of the most significant is a massive consolidation pattern. After a prolonged period of trading within a range, a breakout from such a pattern often leads to a powerful and sustained trend. Some analysts believe a breakout is imminent, with initial price targets set between $4,800 and $5,000.
Even more compelling is the challenge to a 3.7-year descending trendline. This long-term resistance has capped Ethereum's upward movements for years. A decisive weekly close above this trendline would be a major technical victory for the bulls, invalidating the long-term bearish structure and opening the door for a parabolic advance. Technical analysts often view the breach of such a long-standing trendline as a powerful signal of a major trend reversal and the beginning of a new bull market phase.
Should Ethereum successfully break out of its current consolidation and clear the $4,000 to $4,200 resistance zone, chart analysis suggests there is very little historical resistance until the $4,800 to $5,000 range. Some of the more bullish forecasts, looking at the ETH/BTC trading pair and other long-term models, even project potential targets between $7,300 and $10,000 in this market cycle.
Despite the overwhelmingly bullish picture, the path to new all-time highs is unlikely to be a straight line. The $4,000 level has proven to be a formidable barrier. Recently, Ethereum's price was firmly rejected near this psychological milestone, leading to a period of cooling volatility and raising concerns about a potential short-term selloff. The failure to break through has caused some buying pressure to weaken, and on-chain data has shown a temporary decrease in large whale transactions following the rejection.
This price action highlights the classic tug-of-war between buyers and sellers at a key resistance level. Some traders who have enjoyed the 75% run-up may be tempted to take profits, creating selling pressure. The Relative Strength Index (RSI), a momentum indicator, has also shown signs of being "overheated," suggesting that a period of consolidation or a minor correction could be healthy and necessary before the next leg up.
However, a key positive sign is that despite the rejection, buyers have not given up much ground. The price has continued to consolidate just below the resistance area, indicating that dips are being bought and that underlying demand remains strong. This type of price action, where an asset persistently hovers near a major resistance level without a significant pullback, is often a precursor to an eventual breakout.
Crucially, while retail sentiment and short-term trading metrics might show some hesitation, the institutional tide shows no sign of ebbing. Spot ETF inflows have remained consistently positive, providing a steady stream of buying pressure that counteracts short-term selling. This suggests that while there may be some turbulence in the immediate future, the larger, more powerful trend is being driven by long-term institutional accumulators who are less concerned with short-term price swings.
In conclusion, Ethereum finds itself at a historic crossroads, propelled by a perfect storm of fundamental and technical tailwinds. The narrative is no longer just about its technological promise as a world computer but about its emergence as a mature, institutional-grade asset. The vocal support of financial titans like Mike Novogratz, the verifiable flood of institutional capital through ETFs, and the strategic shift by corporations to hold ETH in their treasuries are creating a demand shock of unprecedented scale.
This is being met with a supply that is increasingly constrained, thanks to staking and the aggressive accumulation by these new, large players. On-chain data confirms this story, with volumes and whale activity reaching levels not seen since the last bull market peak. As Bitcoin's dominance wanes, Ethereum is stepping into the spotlight, ready to lead the next phase of the market cycle.
While the $4,000 resistance remains a key hurdle to overcome, and short-term volatility is to be expected, the underlying forces at play suggest a powerful current pulling Ethereum towards new horizons. The "quiet takeover" is becoming louder by the day. A breakout above $4,000 could unleash a wave of price discovery, potentially pushing Ethereum to $5,000 and beyond, and in the process, reshaping the very landscape of the digital asset ecosystem. The stage is set for Ethereum's ascent, and the world is watching.
ETH Weekly Flip ZoneETH on the Weekly
ETH just closed the week above the 0.236 Fib level at $3738.45.
It’s the fourth attempt to conquer this zone since the June 2022 bottom.
If price holds above this level, the odds of continuation increase.
If it fails, we could see downside.
It may also just consolidate here for a while.
RSI just touched overbought, and MACD remains green — still some room for upside.
I remain bullish long term, but this looks like a smart area to manage risk if you’re late to the move, or take partial profits.
Always take profits and manage risk.
Interaction is welcome.
ETH 1H Cloud Strategy Nailed the Trend, But Is It Losing Steam?This Enhanced Ichimoku Cloud Strategy filtered out the chop and triggered a high-conviction long at 2510 — backed by a bullish cloud flip, 25-period breakout, and alignment above the 171 EMA. Since then, price has climbed nearly +50%, with the trend still intact above both cloud and EMA.
The custom parameters (7 / 255 / 120 / 41) are tuned for clarity and patience, making it ideal for swing entries on volatile assets like ETH and SOL.
Want to optimize for your own asset? Just load the strategy, tweak the inputs, and run a parameter test using TradingView’s Strategy Tester.
#ETHUSD #Ichimoku #TradingStrategy #TrendFollowing #TradingView #CryptoTrading #AlgoTrading
Ethereum at Key Supply — Short-Term Sell OpportunityHello everybody!
Ethereum has reached a strong supply/resistance area in the daily timeframe.
As we see on the chart, lower highs have started to forming.
In addition to that, an upward trendline has been broken.
Keeping in mind that overall trend is bullish, we can look to short time sell positions here.
The first target can be 3300-3400.
If the price breaks below 3300, we can expect it to go lower toward 3100 area.
Manage your risk and trade safe!
Ethereum bigger pictureToday we are measuring the difference between Ethereum's current price and its average price over a specific period. We see how far the current price deviates from its statistical average. This helps traders identify potential overbought and oversold conditions. Even though institutions and etfs have bought up over 32x the supply of Ether since May, it has showed in the past 36 Days with ether running over 80%, we look at reducing exposure as the risk remains for a correction in the short term.
Ethereum Eyes $8K After Bullish BreakoutEthereum (ETH) is setting up for a powerful move. After hitting a multi-month high last week, ETH pulled back into a higher-low formation—strengthening the newly established bullish trend.
Money flow is shifting: with recent crypto legislation, Ethereum is now benefiting even more than Bitcoin, marking a notable change in market dynamics.
📈 Technical Highlights:
✅ Short-term target: $4,800–$5,000 (new all-time highs)
✅ Long-term potential: $7,000–$8,000
🛡️ Key support: $2,800–$3,000 (bullish as long as this holds)
📣 Takeaway:
Ethereum’s trend is firmly bullish. As long as support holds, pullbacks could offer strong entry opportunities for both swing traders and long-term investors.
#Ethereum #ETHUSD #Crypto #Trading #TechnicalAnalysis #CryptoTrading #EthereumPrice #Altcoins #Bullish #Breakout
ETHUSDT - Multi-year Symmetrical Triangle ETH has formed a massive symmetrical triangle since the 2021 top (~$4,800).
This triangle has been tightening since 2022 with:
- Lower highs from $4,800 → ~$4,000
- Higher lows from ~$850 → $1,370 → $1,850+
We now close to the apex, meaning a major breakout or breakdown is imminent in the coming weeks/months.
Price Action
ETH is pressing against the upper resistance of the triangle (~$3,850–3,950).
A monthly close above $4,000 would be the first breakout in over 2 years.
Volume
Volume has decreased over time, typical for a symmetrical triangle.
We are looking for volume increase on breakout to confirm it’s on the right track.
Momentum (Laguerre RSI: 0.67)
Momentum is rising, supportive of a bullish breakout.
RSI is not yet overbought, so there’s room for continuation.
Scenarios
Bullish Breakout Scenario:
Trigger: Monthly close above $4,000–4,200
Target: ~$7,000–7,500
Timeline: Could play out over 3–6 months
Bearish Breakdown Scenario
Trigger: Monthly close below $2,500
Target Zone: $1,850 → $1,300 (last major supports)
Would invalidate the higher low structure
I am bullish but it is hard to not to be cautious given its crypto and this is a pretty tough resistance.
Do your own research and make responsible decisions all.
Peace out.
New Week New High for ETH
It’s just the start of the week, and ETH is already printing new highs.
But let’s zoom in on a familiar pattern in price action:
During the week of June 30 – July 7, ETH floated above the 0.5 Fib and the 200MA early in the week. Then it dipped below both levels, only to bounce back and start holding the Fib as sup
port. From there, price slowly climbed alongside the 200MA, bouncing off it a few times, then it took off.
Last week showed a similar setup, this time around the 0.236 Fib and 200MA.
Now both levels are sitting close together again. So, we might see another dip below them before ETH pushes higher.
Of course, if price fails to reclaim the zone, more downside could follow.
But as always: we’ll be here to watch it unfold.
Always take profits and manage risk.
Interaction is welcome.
Why hello there ETH, can we be friends?barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading.
I'll just be holding for the next year or two. Less stress!
Ether Update · Accumulate, Buy & Hold · 2025 StrategyGood morning my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Ethereum continues really strong and today is trading at the highest price since December 2024. Right now getting close to a long-term resistance zone that was first established in March 2024. As soon as ETHUSDT manages to break $4,100 as resistance, we can expect a major advance toward a new all-time high. Remember, sustained long-term growth, just as it is happening already. Notice the slope on the rising wave since April. It will continue just like this, prices going higher and higher until a final jump produces very high prices based on a long wick.
Market conditions have not change since our last update. Everything is extremely bullish and the chart looks even better now, the rest of the market is also looking better so the focus should be on hold and preparing a profit taking strategy. How will you profit from this trade? How do you intend to sell? How will you reduce or close your position when the time is right? You can start preparing now.
There are many ways to approach the targets but it is always wise to wait at least until a new all-time high. Since we have enough data support a new all-time high as a high probability scenario, we want to benefit as much as possible from the uptrend and thus we ignore the initial easy targets. We go for the higher targets because we are now in the 2025 bull market.
When in doubt, you don't have to be 100% right but neither 100% wrong. If you don't know how the market will behave next, instead of thinking to sell the entire position, you can sell a small portion only, say 10%. And continue like this long-term.
There are many strategies, many ways to plan and win, but for now focus on holding patiently, patience is key. Those who can wait the longer without being tempted can produce the best results. Just let it roll... The market is set to grow. Accumulation and buying now the best choice.
Namaste.
$BTC.D: Cycle tops are in. $ETH.D: Bounce form the all-time lowsIn my opinion the most important chart in all Crypto is the $BTC.D. We have been writing and observing CRYPTOCAP:BTC.D for almost 6 months. I predicted here that we will see CRYPTOCAP:BTC dominance @ 66% before the end of this cycle. And we saw CRYPTOCAP:BTC.D touch 65.9% on June 23 as visible from the weekly chart, which is close to our cycle target of 66%. See my blog from April 14.
CRYPTOCAP:BTC.D to 66%, CRYPTOCAP:TOTAL2 / BTC down to 0.43 for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingView
But since then, CRYPTOCAP:BTC.D is going through reversal. Currently @ 61% the dominance has tumbled in July. Even if CRYPTOCAP:BTC is holding on to its ATH with price near to 118K $ the dominance is clearly in a downtrend.
But then we see something which CRYPTOCAP:ETH.D has not done since 2019. In the chart below we have super imposed the CRYPTOCAP:ETH dominance on the CRYPTOCAP:BTC Dominance. CRYPTOCAP:ETH Dominance as the name suggests is the % of Crypto Market Cap that can be attributed to $ETH. The CRYPTOCAP:ETH.D double bottomed in 2019 @ 8% and then went on for a reversal with CRYPTOCAP:ETH.D peaking @ 22% on Nov 21. Both the Dominance charts have an inverse correlation but have one thing in common. The trend in the Dominance charts is lower. In each cycle the CRYPTOCAP:BTC.D makes a lower low peaking at 95% in 2017 cycle, 73.5% in last cycle and 66% in this cycle. The same is true for CRYPTOCAP:ETH.D , starting @ 26% in 2017, 21.5% in the last cycle. So, the obvious question in your mind is where will the CRYPTOCAP:ETH.D peak this cycle. If we draw the downward slopping wedge in the CRYPTOCAP:ETH.D and assume the cycle end by Dec 2025, then we can see the CRYPTOCAP:ETH.D will peak around 17% in this cycle. Currently at 12%, I am predicting another 40% upside form here. Pricewise BITSTAMP:ETHUSD may give a higher return than the $ETH.D.
Verdict: CRYPTOCAP:BTC.D top for this cycle is 66%. CRYPTOCAP:ETH.D can top @ 17% this cycle. BITSTAMP:ETHUSD can double from here for CRYPTOCAP:ETH.D to top @ 17%.