Bitcoin is showing considerable relative strength against Ethereum, indicating that it could be time for investors to pivot back to the largest cryptocurrency, at least for the short term.
Notably, the ETHBTC trading pair is down by nearly 4% over the past week, highlighting a rotation of capital from ETH to BTC.
The Bitcoin price has reclaimed the $112,000 level, trading as high as $112.3k on Wednesday. Despite the “Rektember” fears, BTC is now up 3.69% for this month.
Bitcoin price predictions from prominent analysts reveal that BTC has broken out of a multi-week descending resistance, which has historically been a highly bullish signal. A daily close above $113k would justify opening new long positions.
Meanwhile, ETH holders should consider taking profits and buying Ethereum at lower prices this month.
There could also be a rotation of capital from Ethereum ecosystem coins like Aave, Ethena and Pendle to Bitcoin ecosystem coins like Stacks. A new BTC layer-2 coin, Bitcoin Hyper, is also in high demand and is being tipped as the next 10x crypto.
Why Investors Should Consider Selling Ethereum?
The Rektember scenario is far more likely to play out for Ethereum than for Bitcoin.
Into The Cryptoverse’s Benjamin Cowen projects that the Ethereum price could see a 30% correction in September, potentially falling to the $3400 level.
Cowen anticipates ETH to retest its 21-week Exponential Moving Average (21W EMA) in the next 4 to 6 weeks before a bullish reversal to a new all-time high.
I think Ethereum will drop to its 21W EMA within the next 4-6 weeks (regardless of what Bitcoin does).
After Ethereum hits the 21W EMA, it should then rally to new All Time Highs.
I think we are about to witness the final rotation into Bitcoin this market cycle. pic.twitter.com/asBSYh6bB3
— Benjamin Cowen (@intocryptoverse) September 2, 2025
This pullback could offer an attractive entry point for sidelined investors. However, existing ETH holders sitting on substantial gains may want to lock in a portion of their profits.
Ethereum’s on-balance volume (OBV), which has been an excellent predictor of its trajectory, has also formed a head-and-shoulders pattern, signalling a potential drawdown.
Even if the ETH price doesn’t fall off a cliff, there is considerable evidence that Bitcoin, and even Solana, may outperform it in the short term.
Bitcoin Price Prediction: Is It Time To Buy BTC Once Again?
While Ethereum’s OBV is showing weakness, Bitcoin’s on-balance volume has reclaimed a key support level, indicating that a new bull trend may be on the horizon.
$BTC OBV now working on the comeback to reclaim support. First time showing some strength in a while. pic.twitter.com/sp0mpXyXoN
— IncomeSharks (@IncomeSharks) September 3, 2025
Meanwhile, the BTC price has broken out of a multi-week descending trendline, which is also what started Bitcoin’s bull rally in April.
Notably, Gold is currently showing explosive strength, which is also bullish for BTC. Typically, when Gold rallies, Bitcoin follows.
Despite the growing bullish sentiment, sidelined investors should exercise caution. Prominent trader Crypto Tony reveals that he would open a long position in BTC only after a daily close above $113,000. This would likely result in a new all-time high.
However, a rejection from this resistance could result in a pullback to $107k.
Bitcoin Hyper Tipped As The Next 10x Crypto
Bitcoin Hyper (HYPER) is emerging as one of the top picks for being the next 10x crypto.
HYPER has raised over $13.6 million in its ICO, owing to strong whale and retail demand.
Notably, BTC-themed altcoins like Stacks (STX) and HYPER tend to show a strong correlation with Bitcoin. With the BTC price poised for new all-time highs, these could show outsized returns as well.
Moreover, while Stacks is a large-cap investment, Bitcoin Hyper is a low-cap gem, making it one of the best cryptos to buy now.
The project’s engineering vision and layer-2 architecture have impressed analysts. With its integration with the Solana Virtual Machine and the use of cutting-edge zero-knowledge proofs, Bitcoin Hyper could play a key role in tackling BTC’s poor scalability and network performance.
It could even prove to be pivotal in onboarding payments, DeFi and memes onto the Bitcoin blockchain.
Unsurprisingly, Bitcoin Hyper is being viewed as one of the most attractive investments on the market. Many early buyers are eyeing between 10x and 100x returns from it, while also benefiting from its lucrative staking rewards.
Visit Bitcoin Hyper Presale
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