Binance Observes Ethereum’s Golden Cross Against Bitcoin: A Bullish Signal for Altcoins?

Ethereum's ETH/BTC trading pair on Binance has recently flashed a golden cross, a technical indicator that has historically signaled the start of significant altcoin rallies. This rare event, marking only the fifth occurrence since 2019, shows the 50-day Simple Moving Average (SMA) crossing above the 200-day SMA, suggesting a potential shift in momentum favoring ethereum over Bitcoin. Analyst Crypto Rover highlights that similar patterns in 2020 and 2021 preceded substantial ETH outperformance, raising expectations for another potential rally. As of July 28, 2025, the crypto community is closely watching whether history will repeat itself, with many traders anticipating a bullish phase for Ethereum and the broader altcoin market.

Ethereum Flashes Golden Cross Against Bitcoin: Will History Repeat?

Ethereum's ETH/BTC pair has triggered a golden cross—a technical pattern historically linked to altcoin rallies. This marks only the fifth occurrence since 2019, with three of the past four instances preceding explosive outperformance by ETH. The crossover, observed on Binance, shows the 50-day SMA overtaking the 200-day SMA, signaling shifting momentum.

Analyst Crypto Rover notes the 2020 and 2021 golden crosses preceded parabolic surges in Ethereum's price. The current signal gains significance as ETH has lagged Bitcoin for much of 2024-2025, with the ratio near multi-year lows. Market watchers now scrutinize whether this technical setup will catalyze another ETH renaissance against its dominant rival.

Altcoins Outperform Bitcoin as Crypto Market Cap Nears $4 Trillion

Ethereum leads the charge with a 3% surge, testing resistance at $3,890 as traders eye a potential $4,000 breakthrough. The $4,200-$4,300 zone looms as a critical battleground for bulls.

Binance's BNB token steals the spotlight, catapulting 6% to a record $851 amid profit rotation from bitcoin into select altcoins. The weekly 12% gain signals robust capital flows beyond the dominant cryptocurrency.

XRP maintains momentum with 5.8% weekly gains despite ongoing SEC litigation, trading at $3.27 as market participants shrug off regulatory overhang. The Fear & Greed Index at 67 confirms shifting sentiment toward risk appetite.