Here is why Ethereum's ‘brutal stumble’ looks exactly like the start of the last bull run: Asia Morning Briefing

AiCoin
AiCoin|Feb 03, 2026 02:27
Crypto could be getting ready to gallop as the year of the horse sets up a fresh run higher across ETH, BTC, and other digital assets. What to know : Ethereum’s performance relative to bitcoin is drawing attention as its price pattern against the leading cryptocurrency closely resembles the setup that preceded the last major crypto bull market. The ETH-BTC ratio has already fallen about 31% after bottoming roughly nine months before gold’s recent peak, echoing a prior cycle in which Ethereum later surged more than 300% against bitcoin as capital rotated out of safe havens. Bitcoin is trading near $78,800, Ethereum around $2,345 and gold near $4,830, while Asian equities, led by Japan’s Nikkei 225, are rallying on optimism over a U.S.-India trade deal despite lingering volatility in crypto and precious metals.
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