---
title: Ether $ETH relative to bitcoin $BTC is breaking out after a multi-month consolidation.
description: "Is this bearish for bitcoin? No. It just means that we might be at the beginning of the so-called \"altcoin season\" where other cryptos start to outperform bitcoin. But it does NOT mean that bitcoin is heading south. \n\nThe new all-time highs in Coinbase, Robinhood and other crypto-related stocks and assets like Galaxy Digital are additional evidence that the crypto bull market might actually gathering speed. \n\nSource. J-C Parets\n\nNB: this is not an investment recommendation. Do your own research"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Ether $ETH relative to bitcoin $BTC is breaking out after a multi-month consolidation.](https://blog.syzgroup.com/syz-the-moment/ether-eth-relative-to-bitcoin-btc-is-breaking-out-after-a-multi-month-consolidation)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 21, 2025, 6:24:59 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/ether-eth-relative-to-bitcoin-btc-is-breaking-out-after-a-multi-month-consolidation)

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