Ethereum Now Leads Bitcoin! Vincent Ganne’s In-Depth Analysis of the Crypto Market Shift

• Is Bitcoin Losing Its Dominance in the Crypto Market?
• The Altcoin Thermometer: Why TOTAL3/BTC Matters
• ETH/BTC Ratio: The Most Important Chart in Crypto Right Now
• Altcoins Awaken: Technical Breakout Confirmed
• Market Outlook: Navigating the New Crypto Landscape
• Frequently Asked Questions

The crypto market is witnessing a historic power shift as Ethereum overtakes Bitcoin in dominance for the first time in years. According to technical analyst Vincent Ganne, multiple indicators suggest we're entering a prolonged "altcoin season" that could last until late 2025. This comprehensive analysis examines four critical market signals, including the ETH/BTC ratio breakout, Bitcoin dominance weakness, and emerging altcoin patterns. We'll explore what this means for traders and how to position your portfolio during this market transition.

Is Bitcoin Losing Its Dominance in the Crypto Market?

Since the bull market began in autumn 2022, bitcoin has maintained an iron grip on the crypto market. While BTC reached new all-time highs, altcoins largely underperformed - until now. July 2025 marks a potential turning point, with Bitcoin's market share showing technical weakness despite price strength.

The Bitcoin Dominance chart (BTC.D) reveals a concerning bearish divergence between price action and momentum, as measured by the RSI indicator. "This configuration suggests BTC's dominance may be weakening," notes market analyst Vincent Ganne. "Historically, such divergences precede altcoin rallies."

The Altcoin Thermometer: Why TOTAL3/BTC Matters

The TOTAL3/BTC ratio (measuring altcoin market cap excluding BTC, ETH and stablecoins against Bitcoin) serves as our most reliable altcoin season indicator. Currently forming a bullish divergence, this ratio suggests capital may soon rotate from Bitcoin to smaller cap assets.

"Watch for a breakout above the 0.0025 resistance level," advises the BTCC research team. "This WOULD confirm the altcoin rally thesis and potentially trigger FOMO buying across the sector." The chart below shows this critical inflection point developing in weekly timeframes.

ETH/BTC Ratio: The Most Important Chart in Crypto Right Now

The weekly ETH/BTC chart has broken out from a multi-year accumulation pattern, signaling what could be a prolonged ethereum outperformance cycle. These relative strength cycles typically last 5-6 years, suggesting ETH may lead the market until late 2025.

"The historic support level held beautifully," observes Ganne. "This isn't just a trade - it's a regime change. Ethereum's infrastructure advantages and upcoming protocol upgrades position it well for this cycle's second half."

Altcoins Awaken: Technical Breakout Confirmed

The TOTAL3ES chart (excluding top market cap coins) shows a decisive weekly breakout above major resistance. This technical development confirms capital is rotating toward altcoins, with the MOVE potentially accelerating through year-end.

"Not all altcoins will participate equally," cautions Ganne. "Focus on projects with strong fundamentals and clear use cases rather than chasing low-cap speculation." The chart below illustrates this critical breakout, which could define market structure for months to come.

Market Outlook: Navigating the New Crypto Landscape

After years of Bitcoin dominance, the crypto market appears poised for a significant rotation. The confluence of these four technical factors - BTC.D weakness, TOTAL3/BTC divergence, ETH/BTC breakout, and altcoin index strength - suggests we're entering a new market phase.

However, traders should wait for confirmation before over-allocating to altcoins. As always in crypto, risk management remains paramount. "This could be the start of something big," says Ganne, "but remember - in altcoin season, you want to be early to the party, not the last one leaving."

Frequently Asked Questions

How long will Ethereum outperform Bitcoin?

Historical cycles suggest the current ETH/BTC uptrend could persist for 12-18 months, potentially lasting until late 2025 based on previous relative strength patterns.

Which altcoins benefit most during altseason?

Typically, large-cap altcoins with strong fundamentals lead first, followed by mid-caps, then small-caps. However, selection becomes increasingly important as the cycle matures.

Should I sell all my Bitcoin for Ethereum?

Portfolio allocation depends on individual risk tolerance. Many traders maintain Core Bitcoin positions while adding strategic altcoin exposure during these periods.

How can I track altcoin season indicators?

Platforms like TradingView and CoinGlass provide real-time charts for BTC.D, ETH/BTC, and other critical ratios discussed in this analysis.

What could invalidate this altcoin breakout thesis?

A weekly close below 0.065 on ETH/BTC or rejection at the TOTAL3 resistance level would suggest the rotation may be failing.