ETH Creates Golden Cross Compared to BTC, Boosting the Rise of Altcoin Season

The Ethereum Golden Cross compared to Bitcoin has been confirmed, marking a technical event that traders associate with the early stages of an altcoin cycle. This development could shape market flow and investor sentiment in the coming weeks. Ethereum Golden Cross Confirms Changes in Market Structure Merlijn The Trader announces that Ethereum has just created a Golden Cross compared to Bitcoin. This occurs when the 50-day moving average crosses above the 200-day moving average. Historically, this setup signals the beginning of a strong bullish trend.

Ethereum has reacted strongly, growing and is currently consolidating around the level of 0.032 BTC. The upward crossover between these two key moving averages reflects the increasing strength of Ethereum compared to Bitcoin. Such breakouts often precede strong price rallies of altcoins, especially when driven by institutional capital before retail investors catch up. The tweet notes that "Smart investors see this. Retail investors won't realize until it's too late," highlighting a common pattern where institutional traders often place orders early. This technical shift marks a significant moment, as Ethereum leads the market out of Bitcoin's dominance. The Altcoin Season Index Shows Volatility, Not Reversal While Ethereum is gaining strength, the altcoin landscape in general remains quite chaotic. TM Research points out that the CMC Altcoin Season Index is experiencing significant fluctuations, dropping from 48 to 39 in just one day. Despite this volatility, the company still asserts that "The altcoin season is delayed, BUT NOT CANCELLED."

The dominance rate of Bitcoin remains below 61%, further reinforcing the potential for capital migration. This indicates that Bitcoin has not yet captured the full attention of the market, allowing Ethereum and other altcoins to regain their positions. This setup repeats previous cycles, when the initial upward momentum of Ethereum signaled the market's readiness to pivot. Traders are currently assessing whether this Golden Cross will act as a catalyst for the sustainable growth of altcoin. Smart Money Moves Before Entering the Retail Market The Ethereum Golden Cross transaction may not yet be reflected in mainstream retail behavior. Traditionally, large investors tend to act on these signals ahead of time. As Merlijn said, "Retail investors will not act until it's too late," indicating the current gap between smart money flow and the general market sentiment. If Ethereum can hold above the key consolidation thresholds, a reversal back to the altcoins may occur. Currently, the Golden Cross is an important technical turning point and puts Ethereum in a position to lead the emerging altcoin cycle.