The end of Ethereum's selling pressure is coming

The Ethereum/Bitcoin (ETH/BTC) ratio has successfully crossed the 21-day moving average, sending an important signal of a change in market structure and the possibility of a new uptrend.

This technical level, which acted as resistance in recent weeks, is now acting as short-term support, pushing market sentiment towards cautious optimism.
Analysts believe that a break of this average usually signals the end of the bearish phase and the gradual entry of buyers.

Also on larger timeframes, Ethereum price has stabilized above a strong support area; a range that has caused price reversals many times before and is now known as an “ideal buying area.”

If the price sustains above the 21-day moving average, buying pressure could increase and Ethereum could outperform Bitcoin, a trend that has caught the attention of short-term traders and retail investors.

However, a loss of this level could delay the bullish scenario and push the market into a volatile phase.