As the crypto world evolves, so does the intrigue surrounding the race between its major currencies: Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has been at the forefront of crypto discussions, Ethereum's potential has been making headlines recently. In this article, we shift our focus from the USD value to explore Ethereum's performance vis-à-vis Bitcoin. As Bitcoin gears up for a potential rally, examining how Ethereum fares against the leading cryptocurrency would be attractive.

We'll delve into the ETH/BTC trading pair and anticipate which asset might yield more promising returns shortly. Will Bitcoin's price surge ahead, propelled by Blackrock's pro-BTC campaign, or will the leading altcoin, with its deflationary and flipping narrative, provide the actual return?

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ETH and BTC: Signs of a Re-accumulation Phase

For quite some time, ETH has been trading in a range against BTC, spanning over two years, to be precise. Fortunately, the Wyckoff analysis method provides the necessary tools to interpret such a trading range.

Most likely, what we're witnessing is a re-accumulation phase of ETH against BTC. This implies that the price is expected to break out of the trading range and continue its upward trend.

Ethereum: Poised to Rise Twice as Fast as Bitcoin

Notably, the chart's 'UA' and potential 'Spring' events offer significant indications of a resurgent ETH. The 'Spring' event suggests that the lowest point has already been formed.

According to classic chart analysis, the height of the trading range indicates that ETH will rise to a price of 0.12 BTC. This represents almost a doubling price, bringing the altcoin close to its former all-time high of around 0.15 BTC.

The temporal length of the trading range is the more decisive component. Generally, the longer the trading range, the larger the trend movement emerges. I expect ETH to surpass its 2017 all-time high far.

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The Conclusion: Betting on Ethereum's Potential

As the cryptocurrency market continues its roller-coaster ride, it's intriguing to speculate on the potential head-to-head between Bitcoin and Ethereum. While Bitcoin's robust rally could lead the market, the signs of Ethereum's re-accumulation and the potential of a significant breakout cannot be ignored.

In the grand scheme of things, Ethereum might hold the edge, given its broader range of applications compared to Bitcoin. The game-changer might be its smart contract functionality and DeFi and NFT space growth.

Investors and traders alike should keep a keen eye on these market dynamics. The world of crypto trading never sleeps, and it's always ready for the next big move. Whether you're a seasoned trader or a crypto newbie, remember these insights as you move in this exciting market.