Could Ethereum Overtake Bitcoin by Mid-August? Analyst Raises Eyebrows with Bold Prediction

According to a top cryptocurrency analyst, Ethereum may finally change the perception of Bitcoin, and it might happen sooner than most people think. A recent forecast suggests that ETH might start its major move in the middle of August, with enormous returns possible for investors who take action before then.

Why is mid-August crucial for Ethereum?

The biggest altcoin, Ethereum (ETH), is poised to overtake the leading cryptocurrency, Bitcoin (BTC), as per the expert. The prediction states that during this bull cycle, ETH may perform noticeably better than BTC, but the window of opportunity will close quickly.

The analyst cautions that before mid-August, when Ethereum might begin to exhibit genuine market strength, is the best time to buy in.

In a recent X post, seasoned cryptocurrency analyst Polaris_xbt provided a macro analysis of the ETH/BTC chart, indicating that Ethereum is poised for a significant reversal that could see it surpass Bitcoin once more.

$ETH

This chart was super helpful for sniping ETH.
It is very slow but it is the ultimate indicator of when to go ETH heavy.

If you are still a $BTC maxi at this point in cycle, you are doing it wrong… pic.twitter.com/ntt60o2ya9
— polaris_xbt (@polaris_xbt) June 12, 2025

The expert points out that Ethereum typically performs worse than Bitcoin after a market bottom, but it eventually catches up with explosive upside, based on past price cycles and on-chain volume patterns.

Ethereum started to outperform Bitcoin two months after its 2017 bottom and four months after its 2019 low, a pattern that has been repeated in previous cycles, as per a report by Bitcoinist.

What’s the ETH/BTC chart telling us?

A Rounded Bottom formation is the result of a much slower and longer downtrend that has lasted for several years in the current ETH/BTC cycle.

After a 120-day period of consolidation, Ethereum seems to have set a macro low at a crucial support zone between 0.01789 and 0.02326 BTC, according to the analyst’s chart. This is similar to the 125-day lag that was seen prior to the start of the ETH/BTC breakout in 2019.

If Ethereum continues to outperform Bitcoin in the later phases of each market cycle, these regions could be targets for gains. The setup strongly favors an accumulation at the current levels, as the chart structure indicates a break from the long-term downtrend.

The analysis suggests Ethereum is nearing a key breakout after a prolonged bottoming phase. Before the market trend possibly reverses, investors have a short window of time to accumulate ETH.

Ahead of the anticipated change in market dynamics, Polaris_xbt cautions that the next five weeks offer a unique chance to purchase ETH at a substantial discount.

Could Ethereum really outperform Bitcoin this year?

The cryptocurrency community is divided over Polaris_xbt’s bullish prediction for ETH/BTC, with some analysts doubting that the pair’s momentum will change this year at all.

Polaris_xbt is still optimistic about a recovery in the middle of 2025, though, and anticipates that a possible Double Bottom pattern will emerge in the summer, following which the ETH/BTC pair may start to rise steadily, as per a report.