Why ETH Is The Strongest Major Right Now?Trader Pentosh1 said on X that ETH remains the strongest major in the market and sees the $1,700s as a potential accumulation zone if price pulls back there over the next few weeks.He put short-term upside in the low $2,000s, with some chop expected heading into the midterms.The ETH/BTC ratio climbed to 0.030, its highest reading in three months. “We view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening,” Lee said.Three Bullish Signals Behind The MoveThe first signal as discussed is the ETH/BTC ratio hitting a three-month high, pointing to Ethereum outperforming on a relative basis regardless of broader market direction.The second is Ethereum’s validator exit queue dropping to zero after peaking above 2.6 million ETH in September. Analyst Merlijn The Trader said on X that the clearing of the queue into a 47% drawdown means whoever wanted out is already out. Meanwhile, roughly 2.5 million ETH is now queued to enter staking with waits near 43 days, locking up supply rather than releasing it.The third is ETF inflows turning consistently positive. Ethereum ETFs recorded three straight weeks of net buying totaling roughly $294 million, according to SoSoValue data:
'If $1,700s Come Again, Double Down': ETH Is the Better Bet Over BTC, Analyst States
Ethereum price eyes the $1,700s as a potential buy zone as ETH outperforms Bitcoin and bullish staking and ETF signals build.
Ethereum outperforms Bitcoin (ETH/BTC at 0.030, 3-month high) with validator exit queue cleared and $294M ETF inflows. Supply dynamics lock capital in staking; institutional buying rotates toward smart-contract platforms over pure store-of-value.







