ETH/BTC ratio hits 10-week high as Ether outpaces Bitcoin: Are new price highs next?

Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high.

The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts. 

Ether’s footing has improved as clearer DeFi regulations from the US Securities and Exchange Commission (SEC) were applauded by the crypto community. At the same time, Bitmine added 71,524 ETH to its Ether treasury on Monday. 

The ETH/BTC ratio broke through a descending trendline resistance that had been in place since August 2025. A daily close above this trend line marks the first breakout in months.

The pair trades above the 50-day and 100-day exponential moving averages at 0.0310, both of which are now acting as dynamic support. The compression between these averages points to a possible bullish crossover if the trend continues. 

XWIN Research noted that a stronger underlying shift in Ether is driven by a Monday SEC staff statement that explained how DeFi front-ends and wallet interfaces can operate without broker-dealer registration under defined conditions, such as no custody and neutral fee structures. XWIN Research added,

As the ETH/BTC pair shows strength, corporate-level accumulation continues to accelerate. Bitmine now holds 4.87 million ETH, accounting for over 4% of the circulating supply, after adding 279,296 ETH over the past 30 days. 

Related: Tom Lee says ‘mini crypto winter’ is over, sees Ether above $60K

Crypto analyst GugaOnChain noted a sharp divide in ETH futures positioning. The global open interest reached $16.37 billion on Tuesday, sitting well above its 14-day average. Funding rates across exchanges remain negative at -0.0013%, indicating a short positioning against the rally.

However, open interest climbed to $6.04 billion, a 10.47% daily increase on Binance. Funding rates on the exchange turned positive at 0.015%, signaling rising long positioning.

This creates a split between global shorts and Binance-based longs. The analyst added, 

Related: Ether holders back in profit as ETH price aims for rally to $3K

This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.

Source: CoinTelegraph