Bitcoin Pauses While Ethereum Pushes Higher

Whispers of an altseason are turning into murmurs, not just across the X timeline, but within the charts themselves. Ethereum is beginning to outperform Bitcoin, and it’s not alone. Key Ethereum-based protocols like Uniswap, Lido, ENS, and even memecoins like Pepe and SPX6900 are leading the charge.

After a bullish few days, Bitcoin has taken a breather, consolidating just below $110K over the past 24 hours with a modest 0.45% decline. Meanwhile, altcoins continued to push higher, with the total altcoin market cap climbing 2%. Bitcoin dominance dropped by nearly 1%, its steepest decline in almost a month.

It’s important to note that a true altseason typically kicks off when Ethereum’s dominance begins to fade, but right now, it looks like ETH is just warming up. Ethereum dominance jumped over 4% yesterday and is breaking out, approaching 10%. That means Ethereum now makes up nearly 10% of the total crypto market, having surged over 40% since late April.

Ethereum continues to hold its breakout against Bitcoin, a classic early signal of altseason as capital rotates from BTC into ETH. ETHBTC is poised for another breakout, supported by bullish momentum and structure. If it clears the resistance that’s rejected price twice before, the 0.03 target is well within reach, suggesting Ethereum’s outperformance could continue in the weeks ahead.

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