3 Key Charts to Track as Ether Strengthens Against Bitcoin

Why It Matters

A sustained ETH outperformance could shift market focus from bitcoin to altcoins, prompting reallocations and broader price gains across the crypto sector. The technical signals suggest a near‑term catalyst for a bullish rally in major altcoins.

Summary

On Nov. 14, 2025, ether (ETH $3,207) held steady near $3,230 while bitcoin slipped more than 2% to around $97,200, lifting the ETH/BTC ratio by over 2%. CoinDesk analyst Omkar Godbole points to a counter‑trend downward channel in the ETH/BTC chart that may be primed for a bullish breakout, with the MACD histogram poised to cross zero. Ether’s own price is also confined to a similar channel near $3,000, showing seller exhaustion and a potential bounce if it can break cleanly. A surge in ether could also trigger a breakout in the XRP/BTC ratio, which has been coiled in a four‑year consolidation range.