ETH/BTC Surges 41% After V-Shaped Recovery from Key Support
By: cryptofrontnews|2025/05/14 23:00:14
0
Share
ETH/BTC surged 41% in ten days after a strong breakout from its accumulation zone, signaling renewed bullish sentiment and momentum.The May 5 rally cleared key resistance levels with high volume, marking a reversal from a prolonged downtrend that began in late February.With support forming near 0.025 BTC and altcoin sentiment improving, ETH/BTC could see higher returns as traders eye small-cap opportunities.ETH/BTC token has staged a dramatic comeback, soaring 41% since early May after weeks of persistent bearish pressure. The token, trading at 0.02678 BTC on Binance, erased nearly two months of losses in just ten days. A decisive breakout on May 5 triggered this move, breaking through multiple resistance levels with exceptional volume.The chart from CryptoMichNL on TradingView captures this explosive shift. It shows ETH/BTC bouncing from a lengthy accumulation zone between 0.0185 BTC and 0.019 BTC. This zone had acted as a strong base, with reduced volatility and fading trading volume. The breakout came exactly when market watchers expected a larger move, confirming bullish intent.Source: Michael van de PoppeSharp Decline Led to Prolonged AccumulationThe ETH/BTC pair had entered a deep downtrend starting in late February. Prices fell steadily from 0.027 BTC to a low of 0.0175 BTC. March saw aggressive selling, with red candles dominating. Despite small relief rallies, sellers maintained control.In early April, ETH/BTC plummeted to near 0.0185 BTC, hitting peak volume levels. This marked capitulation. The final sell-off triggered a technical bounce. However, the market remained uncertain. Prices entered a tight sideways range, forming a consolidation channel just below 0.019 BTC.During this time, trading activity dropped significantly. Additionally, the low-volume environment hinted at waning selling pressure. Chart annotations marked this zone as “crucial resistance to break,” highlighting its technical importance.Breakout Triggers Momentum SurgeMay 5 became a turning point. A massive green candle broke resistance, sending ETH/BTC soaring 21% in a day. Volume spiked, confirming real momentum. The price rallied from 0.019 BTC to above 0.023 BTC, clearing multiple resistances.Momentum held strong into mid-May. Buyers stepped in aggressively. Support has now formed near 0.025 BTC, helping stabilize the rally. Bitcoin’s parallel price movement also supported sentiment.Moreover, CryptoMichNL suggested a 40% rise in ETH/BTC could signal broader altcoin strength. Smaller caps could benefit the most. Hence, traders may view upcoming 20-30% corrections as key entry points.The post ETH/BTC Surges 41% After V-Shaped Recovery from Key Support appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
You may also like
The most secretive AI winner
A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
The competition logic of exchanges has changed.
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
WEEX Launches Depth Chart for Spot Trading
WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
The rebound in BTC prices can make all problems simple.
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
Overview of Important Market Events on June 29
In the era of AI, what is left of Bitcoin?
AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.
NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy
After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
The most secretive AI winner
A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
The competition logic of exchanges has changed.
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
