Ethereum Price Analysis: ETH/BTC Eyes Breakout Above 0.027 with $4,000 Stability in Sight

On July 14, trader Eugene Ng Ah Sio provided a detailed ETH/BTC exchange rate analysis on his personal channel, highlighting recent market dynamics. He emphasized that despite a positive price trajectory over the past week, a decisive breakout beyond the 0.022-0.027 range is essential to validate a structural shift. Ng’s immediate target for Ethereum against Bitcoin is 0.03, a level that appears increasingly attainable given current momentum. Furthermore, he noted that if Ethereum maintains a price above $4,000, it could pave the way for a longer-term target exceeding 0.04 on the ETH/BTC pair. This outlook suggests potential for expanded trading opportunities, contingent on sustained price stability and market conditions.