After a brief rally to $123K, Bitcoin’s surge paused, triggering a wave of profit-taking and a pullback near $116K. Yet the dip wasn’t a breakdown. In fact, BTC has recovered over 2% since, hovering above $119K at the time of writing.
Fresh data suggests this isn’t the end of Bitcoin’s move, but a transitional phase. According to SwissBlock’s latest “Altcoin Vector” report, capital is quietly rotating. And Ethereum is starting to lead the way.
Ethereum’s strength is visible in the steadily rising ETH/BTC ratio — a classic signal that capital is moving from BTC into ETH. This isn’t money exiting the crypto market; it’s simply shifting focus. Liquidity is being reallocated, and that’s a healthy sign. It indicates continued investor confidence, not exhaustion.
ETH has jumped over 8% in the past week alone, reclaiming $2,560 and showing signs of strong buyer support on each dip. If Bitcoin consolidates rather than breaks down, it may be paving the way for Ethereum to mount a serious push toward the psychological $4,000 level.
Momentum is building — not just in ETH, but in other majors like SOL, AVAX, and LINK. What makes this rotation different is that it comes not from hype, but from underlying strength and improving structure.
SwissBlock also noted that BTC dominance may have peaked, marking a temporary handoff of market leadership. Their “BTC Vector” signal shows the current rally is only on day 12, while past expansions have lasted 15–30 days. Translation? Bitcoin still has more to give, but altcoins are finally getting a share of the spotlight.
Supporting this, on-chain indicators like Glassnode’s Short-Term Holder Unrealized Profit, VWAP Liquidity, and Willy Woo’s Speculation Index all suggest the market isn’t overheated. We’re not at euphoric levels. Not yet.
So, can Ethereum hit $4,000? Technically, yes. But it depends on two things:
Ethereum: ⬆️ Buy
– Ethereum broke resistance area
– Likely to rise to resistance level 3400.00
Ethereum cryptocurrency recently broke the resistance area located at the intersection of the resistance level 3200.00 and the resistance trendline of the daily up channel from May.
The breakout of this resistance area should accelerate both of the active impulse waves 3 and (3).
Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 3400.00 (which reversed Ethereum multiple times in January).
- Bitcoin’s continued consolidation without a sharp drop, and
- Sustained ETH/BTC growth and altcoin liquidity expansion.
If these hold, Ethereum’s run has room to continue — and the rotation narrative could be just getting started.
but
📊#ETH is about to reach the resistance zone ⚠️
🧠From a structural perspective, we are about to reach the resistance zone at the daily level, so we need to be wary of the risk of a pullback. If your cost price does not have much advantage, then please remember to lock in profits in time.
➡️New long trades need to wait patiently for a pullback to occur before participating, or the trend is relatively strong, and continue to consolidate sideways to form a new long structure to continue the long trend, otherwise we can’t chase the rise near the resistance zone.
Will we start a pullback from here? Let’s see 👀
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research.
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