In a remarkable surge, Ethereum has skyrocketed by 30% against Bitcoin over the past couple of days, signaling a significant shift in cryptocurrency market dynamics. This positive movement coincides with an increased investor confidence in Ethereum’s potential profitability, potentially influencing investment decisions and attracting more traders. The recent price increase is particularly noteworthy, as Ethereum has rebounded from an 80% drop since 2022. Bitcoin experienced only a modest gain of 3.8%, closing at $103,043. Ethereum’s rally to $2,340 reflects a potential market trend, indicating a stronger outlook in the short term. This shift is reflected in technical indicators exhibiting bullish trends, bolstering Ethereum’s market dominance over Bitcoin.