The price of Ether is currently $ETH at $3,101, with expectations of gains reaching up to 170% within less than two months if the historical movement continues, compared to the current Bitcoin price of $BTC at $90,509.
Analyst and trader Mags explained that ETH/BTC bounced from its lows in April, repeating the pattern that preceded the previous upward wave in 2021, putting the currency on track to reach 0.092 BTC, which is about $8,500.
Trader and analyst Michaël van de Poppe indicated that Ether's establishment of the previous resistance area as support suggests the possibility of a new rise reaching $3,700, giving great hopes to investors waiting for strong long-term highs.
Meanwhile, bullish forecasts for Bitcoin continue, with the possibility of reaching $100,000 during the next week, despite concerns about price strength at current levels, including the 2025 opening price of $93,500, which has not yet turned into stable support.. With Ether repeating the 2021 rise against Bitcoin, there was a shocking prediction from Tom Lee who sees Ethereum at $20,000 soon… and the end of the Bitcoin cycle opens the door for a new leader.
