BTC Reign Pauses. Can ETH Lead the Charge Temporarily?Ethereum / TetherUSBINANCE:ETHUSDTCryptoShip0A Tale of Two Titans: Divergence in the Making Following the market-wide drop on October 10th, 2025, a significant divergence in character has emerged between the two crypto titans, Bitcoin and Ethereum. While Bitcoin's bullish structure appears compromised, Ethereum is exhibiting remarkable resilience, tenaciously holding key support and potentially setting the stage for a period of ETH-led market action. This analysis explores the possibility of a temporary decoupling, where Ethereum takes the reins while Bitcoin enters a period of consolidation. Bitcoin: Structure Compromised From my perspective, the recent crash has severely compromised the prior bullish structure on Bitcoin's daily and weekly charts. The upward momentum has been invalidated, leaving BTC in a state of structural weakness. The most probable path forward for BTC appears to be a prolonged period of sideways consolidation, likely forming a complex flat correction. For now, the king seems to be resting in its coffin. Ethereum: The Resilient Contender In stark contrast, Ethereum’s chart tells a very different story. Here's why ETH is capturing our full attention: Crucial Support Holds Firm: ETH is impressively defending the critical support zone around $3,756. Its refusal to follow BTC into a deeper decline is a powerful statement of relative strength. Intact Market Structure: Unlike Bitcoin, Ethereum’s weekly and daily upward structures remain intact. The long-term bullish thesis is not yet broken (Weekly chart upward structures & Elliot are still holding targeting around 5900 USDT) Emerging Elliott Wave Count: As illustrated on the daily chart, a weak but valid Elliott Wave count is taking shape. We appear to have completed a Wave (2) correction right at this key support. If this level holds, it paves the way for a powerful Wave (3) impulse to the upside. Confluence of Bullish Divergences: Adding significant weight to this outlook are the strong bullish divergences flashing on both the Daily and 4-Hour charts. Around the $3,756 support, both the RSI and MACD are showing higher lows while price has tested lower lows — a textbook signal of waning bearish momentum and a potential reversal. Should this scenario materialize, we can expect a notable increase in weekly and monthly volatility as momentum shifts. RSI divergence on 1D chart MACD Divergence OBV (4H chart) note that obv always making higher lows around the current support BBWP contraction on 4H chart The Big Question: A Changing of the Guard? This brings us to a fascinating and potentially market-defining question: Can Ethereum lead the crypto market to new all-time highs while Bitcoin moves sideways? We may be witnessing a temporary 'changing of the guard,' where ETH's fundamental strength and resilient technicals allow it to become the market's temporary primary driver. While Bitcoin's gravity is undeniable, the current situation suggests that Ethereum might be carving its own path. The confirmation of this thesis rests on the $3,756 support. A sustained hold above this level could be the opening act for the next major bull run, led by an unexpected protagonist. Share your thoughts in the comments