Bitcoin Back at Critical Zone

• Bitcoin’s recent positioning at a critical zone has analysts speculating about its dominance.
• Many foresee BTC dominance faltering, providing altcoins like ETH an opportunity to ascend.
• Will ETH achieve a new all-time high (ATH) in this bullish cycle?

The crypto community is closely monitoring movements in BTC and ETH, with expectations for BTC dominance to wane, allowing altcoins and Ethereum to rise. Analysts express optimism as Bitcoin enters a critical zone. Will BTC hold its ground, or will Ethereum take the lead in the upcoming bull cycle?

Bitcoin’s Critical Zone

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> We are still holding the current lows of last week; no new low has been created yet. This is $BTC’s last chance to maintain an exponential higher low. #BTC $BTC 🔗
> — Kevin Svenson (@KevinSvenson_) March 10, 2025

This analyst highlights Bitcoin’s position in the critical zone of the weekly parabolic trend while noting that it has yet to drop to new lows. This may be BTC’s final opportunity to sustain an upward trend.

Ethereum’s Bullish Potential

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> Ethereum mirrored this structure in the previous cycle before a substantial rally. We just completed the fake-out phase… next up? Liftoff!
> — Merlijn The Trader (@MerlijnTrader) March 9, 2025

The outlook for Ethereum has become increasingly positive, following a comparative analysis of ETH charts from 2016 and 2025, which showcase similar upward patterns. The recent dip marks the end of a “fake-out” phase, suggesting imminent price increases. Ethereum has yet to achieve a new ATH this cycle, leading to speculation about an upcoming surge and the potential start of a peak altseason.