Ethereum's Prospects for Hitting New All-Time High a ‘Certainty,' Says Crypto Trader – But There's a Catch
Ethereum's Potential for New ATHs Against Bitcoin The crypto market has been heating up, with Bitcoin (BTC) leading the way to new highs. But while BTC has been grabbing the headlines, Altcoin Sherpa believes that Ethereum (ETH) is quietly preparing for a major move against the king of cryptocurrencies. With a market cap of over $400 billion, ETH is currently the second-largest cryptocurrency, and many analysts believe it has the potential to challenge BTC's dominance in the long run. Breaking Down the ETH/BTC Pair The ETH/BTC pair is a popular trading pair in the crypto market, representing the value of Ethereum in terms of Bitcoin. Altcoin Sherpa believes that this pair is currently consolidating in a bullish formation, indicating that ETH is gaining strength against BTC. This is a positive sign for ETH, as it shows that investors are becoming more interested in the altcoin and are willing to trade their BTC for it. Trends and Tickers to Watch As Ethereum prepares for i...