Bitcoin is leading this rally, but Ethereum is the real test of breadth. With BTC pushing higher, whether Ether starts to catch up—or whether capital keeps concentrating in the lead asset—is the question.
Ethereum last traded just under $2,390, pressing support at $2,384 and stalling at resistance just above $2,392.
This is the tell for market breadth: a clean move through $2,400 would suggest the rally is expanding beyond Bitcoin, while another rejection keeps leadership concentrated in BTC.
Ethereum holding below $2,400 while the market rises is the level setting tomorrow’s tone.