According to crypto analyst Daan Crypto Trades, the ETH/BTC trading pair is one of the most critical indicators to watch for predicting altcoin performance relative to Bitcoin.
After a sharp short squeeze, ETH/BTC has been consolidating within the 0.022–0.026 range.
Daan notes that a breakout above the 0.026 level could trigger renewed strength in altcoin-to-BTC trading pairs—particularly for Ethereum-linked assets such as DeFi tokens, ETH memecoins, and Layer 2 projects.
However, caution is warranted if the pair falls below the 0.0224 horizontal level. A breakdown from that support could signal a retracement of the prior squeeze, potentially dragging altcoins down relative to BTC—even if USD values remain stable.
Daan emphasized that this dynamic doesn’t necessarily mean altcoin prices must fall in dollar terms. Instead, it may reflect relative underperformance compared to Bitcoin, which could rally sharply while altcoin/BTC ratios drop. As has been typical in this cycle, a strong BTC rally often comes at the expense of altcoin ratios.
The chart marks three key zones:
- Above 0.026: Bullish for altcoins.
- Between 0.0224 and 0.026: Choppy and uncertain.
- Below 0.0224: Caution territory for altcoins.
With the ETH/BTC pair trading near the midpoint of this range, traders remain on watch for the next decisive move.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/altcoin-outlook-hinges-on-eth-btc-breakout-zone-says-crypto-expert/
