Ether is beating bitcoin, and the ETH/BTC ratio just flipped bullish. The pair has formed a golden cross, a technical pattern that often points to a continuation of the trend. Right now, the trend is ether outrunning bitcoin.
What the golden cross means
A golden cross happens when a short-term moving average crosses above a long-term one. It's a popular indicator among technical traders because it's seen as a sign that the market's momentum has shifted. When the ETH/BTC ratio logs this, it suggests that ether is the one with the wind at its back.
The ratio in focus
The ETH/BTC ratio is a direct measure of how ether is doing against bitcoin. It's been climbing, and the golden cross is a confirmation of that. It's a sign that the recent outperformance isn't a fluke—it's a trend that has room to run.
What traders are watching
The key is whether the ratio can stay above the moving averages that triggered the cross. If it does, ether's lead could widen. If it doesn't, the cross loses its value. But right now, the signal is bullish, and it's pointing in one direction: ether has momentum.
The next few sessions will show if the cross holds. That's the test.
