Ethereum’s native token, Ether (ETH), is flashing bullish signals against Bitcoin (BTC), supported by strong technical momentum and the largest institutional inflows among all digital assets.
The ETH/BTC daily chart shows a well-defined bull pennant forming after a sharp rebound from the 0.0175 BTC bottom in April. Ethereum has since stabilized above its 50-day EMA (red line), with the pattern tightening just below the 200-day EMA (blue line).
A breakout above the pennant’s resistance, currently near 0.0248 BTC, would confirm the bullish continuation setup. Based on the height of the previous leg, the next target lies near 0.035 BTC, a level not seen since early 2024. That implies a roughly 50% upside from current levels.
The RSI remains neutral around 49, leaving room for further price appreciation without triggering overbought conditions. Volume has declined during the consolidation, consistent with typical pennant structure behavior before a breakout.
According to CoinShares, digital asset investment products attracted $224 million in inflows over the past week, extending the current 7-week streak to $11 billion. However, momentum has slowed amid caution around the US Federal Reserve’s next moves on interest rates.
Ethereum stood out as the top performer, bringing in $296.4 million in weekly inflows — its seventh consecutive week of gains.
Over this stretch, ETH has seen a total of $1.5 billion in inflows, equivalent to 10.5% of its total assets under management. This is Ethereum’s strongest streak since the 2024 US election and reflects a clear rebound in institutional sentiment.
By contrast, Bitcoin experienced outflows for a second consecutive week, losing $56.5 million. These modest but consistent outflows highlight investor caution amid growing uncertainty around the US Federal Reserve’s monetary policy.
The shift suggests some capital is rotating toward ETH in search of relative outperformance.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.