Ethereum eyes 35% rally as spot ETF inflows hit $90m

With ETH/BTC gaining 17.8% this week and Ethereum ETF inflows surpassing $90 million, analysts suggest Ethereum’s path to a new all-time high is looking increasingly achievable.

Ethereum (ETH) outperformed the broader crypto market, rising 11.65% to $3,688 as capital returned from Bitcoin (BTC).

This increase occurred as Bitcoin regained the critical $95,000 level on November 27 following the PCE price index results. However, Ethereum’s relative strength continues to increase. QCP Capital analysts noted that the ETH/BTC rate currently stands at 0.03760, up 17.8% from the previous week.

“While BTC dominance broke from the 61.50% high, ETHBTC held up nicely and is currently at 0.03760, up 17.8% from last week. “This puts the focus on 0.0400 as the next level to watch.”

QCP Capital

Ethereum aims for all-time high

Despite Ethereum lagging behind Bitcoin and Solana (SOL) in the ongoing rally, QCP Capital believes ETH’s recent gains could lead to a retest of the all-time high at $4,868, marking a potential upside of 35.4% from current levels. claims to be able to offer.

As crypto.news previously reported, Ethereum’s daily charts show bullish patterns, including gold crossover potential, as the 200-day and 50-day Exponential Moving Averages approach a bullish crossover.

Ethereum’s decentralized finance ecosystem has also seen growth. According to data from DeFiLlama, the total value locked in Ethereum-based protocols increased by approximately $10 billion following the upward momentum spurred by Donald Trump’s win in the US presidential election.