We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
_cfuvidThis cookie is a part of the services provided by Cloudflare - Including load-balancing, deliverance of website content and serving DNS connection for website operators.
Maximum Storage Duration: SessionType: HTTP Cookie
__cf_bm [x7]This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website.
CookieConsentStores the user's cookie consent state for the current domain
Maximum Storage Duration: 1 yearType: HTTP Cookie
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
We do not use cookies of this type.
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
We do not use cookies of this type.
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
We do not use cookies of this type.
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
List of domains your consent applies to: [#BULK_CONSENT_DOMAINS#]
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.
The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.
This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
You can at any time change or withdraw your consent from the Cookie Declaration on our website.
Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.
Please state your consent ID and date when you contact us regarding your consent.
Install NewsLayer
Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.
Going broadly, it seems the markets have hit resistance.
Looking in a bit, most of the major high-cap assets have suffered rejections this week, with Ethereum hitting resistance around $1,900. At the same time, Bitcoin has resistance around $65k, while its dominance has fallen to below 60%. In contrast to this, ETH Dominance has been capped below 11%.
This puts even more emphasis on Ethereum, especially as in Q3 its gains have reached over 2x that of Bitcoin. This naturally makes the ETH/BTC ratio one of the most important ratios to look at in the portion of August that follows this weekend, as it has the potential to really influence capital flows.
Source: TradingView (ETH/BTC)
The technicals further enhance this structure.
As the chart above shows, the ETH/BTC ratio has also hit resistance at the 0.03 level, where it has been unable to break through since the early Q1 cycle. Since then, the ratio has tried breaking above this level of resistance twice and failed.
With the entire market showing resistance, this upcoming week is important for Ethereum because another rejection could result in additional resistance for the ratio, but if Ethereum can break out of resistance, then that could convince investors to move their capital into ETH. Additionally, key on-chain signals are suggesting that the market is already preparing for a movement, with the focus primarily on Ethereum.
Ethereum faces a key test as on-chain signals gain momentum
Ethereum [ETH] is showing signs of a possible rally as seller exhaustion, bullish technicals, and institutional positioning all align.
CryptoQuant says the selling pressure on ETH has never been this exhausted, even below the levels of the 2022 bear market. This suggests a potential bottom may be starting to form, although we may still see one final capitulation lower before ETH sets a solid base.
But institutional positioning suggests investors aren’t really pricing in another major pullback. Bitcoin ETFs experienced $389.7 million in outflows last week, while Ethereum ETFs saw $6.7 million in flows, the chart below shows. TradFi is selling Bitcoin and buying Ethereum under the table. And that sort of divergence often shows up in the ETH/BTC ratio before it shows up in price.
Source: SoSoValue
This actually strengthens the ETH/BTC situation even further.
In a technical sense, the on-chain signals and momentum for Ethereum are aligning in such a way that a move becomes possible, since resistance has caused both the dominance of Bitcoin and that of Ethereum to reach important levels. The fact that Ethereum is benefiting from stronger inflows from institutions suggests that the market may be setting up for a breakout in ETH.D.
The crucial factor in deciding whether this scenario will materialize is the ETH/BTC ratio. A break above 0.03 is possible, particularly since institutional flows are increasing and Ethereum’s on-chain signals are becoming more bullish.
Final Summary
Ethereum is showing strength. Its selling pressure is easing, institutional flows are improving, and the technical setup is turning bullish.
A break above 0.03 could trigger more capital flows into Ethereum, while another rejection could delay the rally.
