Ethereum Snaps 8-Year Downtrend Against Bitcoin as ETF Inflows Strengthen

Ethereum broke an eight-year downtrend against Bitcoin, with a Golden Cross confirmation, signaling strong technical momentum after prolonged consolidation.

Spot Ethereum ETFs attracted $44.2 million in net inflows, surpassing Bitcoin’s $23 million, highlighting institutional demand favoring Ethereum.

Analysts suggest ETH/BTC could target the 0.06–0.08 range, with potential to extend toward 0.12 if accumulation and momentum persist.

Ethereum has broken free from an eight-year downtrend against Bitcoin, coinciding with renewed institutional interest as ETFs recorded notable inflows this week.

Eight-Year Downtrend Ends with Golden Cross

Trader Merlijn The Trader reported that Ethereum versus Bitcoin (ETH/BTC) finally snapped its long-standing downtrend. According to him, the breakout was confirmed by a Golden Cross formation, marking a rare technical event.

He explained that Ethereum had been suppressed by a descending resistance line since its inception, facing repeated rejections each cycle. This time, however, the structure shifted as price action established a multi-year support base before breaking higher.

Additionally, the Golden Cross appeared alongside strengthening MACD signals, reinforcing the bullish shift. Merlijn described the move as the release of nearly a decade of compressed momentum, projecting potential upside targets between the 0.06 and 0.08 range against Bitcoin.

Technical Structure Shows Momentum Building

The ETH/BTC chart now reflects a structural change not seen in years. Historical compression patterns suggest that once broken, such setups can trigger accelerated moves. Traders are closely monitoring whether this momentum can extend into a broader trend shift.

Merlijn emphasized that Ethereum does not gradually emerge from such patterns but instead tends to advance sharply. This observation points to the possibility of ETH reclaiming zones last tested during earlier cycle highs.

Should momentum sustain, projections extend beyond 0.08 toward 0.12, which aligns with previous chart structures. Market participants are now watching key levels as confirmation of continued strength in Ethereum’s relative performance.

ETF Inflows Add to Institutional Confidence

Alongside technical developments, Ethereum is also attracting renewed institutional interest. Crypto analyst Crypto Patel reported that Ethereum ETFs recorded inflows of about $44.2 million yesterday.

By comparison, Bitcoin ETFs saw inflows of approximately $23 million, showing stronger investor demand for Ethereum exposure. This activity reflects institutions continuing to accumulate both assets, with Ethereum currently leading the inflow race.

The alignment of technical breakout signals with rising ETF participation provides a dual narrative for Ethereum. The combination of chart strength and capital inflows underscores why traders and institutions are closely observing ETH’s next move.

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