Ethereum could once again outperform BTCEthereum / BitcoinBINANCE:ETHBTCSwissquoteFrom a technical perspective, the ETH/BTC ratio appears ready to resume its upward movement after several weeks of consolidation. Both timeframes — daily and weekly — point to a bullish scenario for Ethereum against Bitcoin. On the daily chart, the ratio is trading in an uptrend established since spring. The three green arrows mark successive rebounds on a solid ascending trendline. The next touchpoint, in November 2025, could show a precise rebound on this dynamic support, accompanied by a stabilization of momentum indicators (RSI and MACD). This setup suggests that the recent correction may be merely a pause before a new bullish impulse. As long as the ratio stays above 0.030 BTC, the structure remains constructive. On the weekly chart, the long-term perspective reinforces this scenario. The ratio has formed a broad “cup” pattern, supported by an area identified as “Extreme Support” around 0.020 BTC. After several years of decline, Ethereum has regained relative positive momentum versus Bitcoin. A break above the 50-week moving average, followed by an orderly consolidation phase, could precede a new bullish extension toward the 0.045–0.05 BTC zone, or even higher in the medium term. Historically, every rebound from this support zone has been accompanied by a marked outperformance of ETH versus BTC. ETF flows support the momentum On-chain analysis and capital flows also reinforce this scenario. The chart of Ethereum spot ETF inflows and outflows shows a return of significant positive flows since mid-2025. After a period of net outflows during the summer, the trend has stabilized, reflecting renewed institutional interest. Historically, such inflows often precede sustained price increases for ETH. In a context where Ethereum spot ETFs gain adoption and institutional demand grows, fundamentals support a recovery of the ETH/BTC ratio. If the current zone confirms its role as a floor, Ethereum could enter a new phase of outperformance versus Bitcoin in the coming weeks, supported both by technical structure and market flows. DISCLAIMER: This content is intended for individuals who are familiar with financial markets and instruments and is for information purposes only. The presented idea (including market commentary, market data and observations) is not a work product of any research department of Swissquote or its affiliates. This material is intended to highlight market action and does not constitute investment, legal or tax advice. If you are a retail investor or lack experience in trading complex financial products, it is advisable to seek professional advice from licensed advisor before making any financial decisions. This content is not intended to manipulate the market or encourage any specific financial behavior. 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