Ether Outpaces Bitcoin’s Trend Change: Is ETH On Track For A 20%...
ETH outperformed Bitcoin in terms of spot ETF flows and short-term returns. Technical charts suggest traders are positioning for a 20% upmove.
Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being.
Spot ETH ETFs have attracted three times more inflows than BTC, strengthening their relative momentum.
ETH’s high-time-frame price action exceeds Bitcoin, suggesting Ether has bottomed.
Data from CryptoQuant noted that the spot average order size metric showed a clear behavioural shift in Ether markets. When ETH dipped below $2,700 on Nov. 21, retail buyers stepped in aggressively, generating a sharp demand-led rebound. This mirrored prior accumulation phases, especially the March–May period, where early retail activity preceded a deeper correction.
Historically, retail-driven bounces at local lows often lead to a final liquidity revisit, shaking out late buyers before a stronger rally emerges. This dynamic suggested ETH may still allow for a controlled pullback to reset positioning and prepare for a more durable upward move.
Meanwhile, Ether’s net unrealized profit/loss (NUPL) currently stands near 0.22, indicating a balanced market, which implies that investors remain in a moderate profit without leaning into euphoria.
Importantly, NUPL has not fallen into negative territory, indicating that holders remain structurally strong, which reduces the probability of further selling pressure. As long as NUPL remained above 0.20, sentiment remained supportive of a rebound once the catalysts aligned.
Related: Bitcoin’s strongest trading day since May cues possible rally to $107K
From a technical standpoint, Ether exhibited a cleaner high-time-frame (HTF) setup than Bitcoin. ETH recently confirmed a break of structure (BOS) by pushing into a 20-day high above $3,200, showing that buyers have flipped prior resistance and initiated a trend shift.
Source: CoinTelegraph
