Ethereum nears key Bitcoin price level that last time sparked 450% gains

Date: 2025-05-03

Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound.ETH price fractal from 2019 hints at bottom The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact level it reached in September 2019 before rallying nearly 450% over the following year.ETH/BTC weekly performance chart. Source: TradingViewThe current ETH/BTC setup resembles 2019, with both periods marked by oversold relative strength index (RSI), long stretches below key moving averages, and multiyear declines.In 2019, ETH/BTC fell over 90% in the prior two years, driven by the ICO collapse. As of 2025, the pair is down over 80% from its 2021 peak, weighe...

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