Ethereum is showing its strongest relative momentum against Bitcoin in years, with analysts pointing to a possible shift after about five years of persistent ETH/BTC weakness. Trader Mayne said the pair is trying to build a higher low after breaking a trendline, which could support short- to medium-term Ethereum strength if key resistance levels are reclaimed, though he warned ETH may never revisit its record high versus Bitcoin. He also said downside risks remain significant, including a scenario where ETH drops below $1,000 in the current cycle if Bitcoin falls to $50,000 or $45,000. Over the past month, ETH has gained 1.5%. Institutional developments may also support demand. Fidelity has filed to add staking (locking crypto to earn rewards) to its spot Ethereum ETF, a move that could allow the Fidelity Ethereum Fund to stake as much as 100% of its more than 480,000 ETH, worth about $880 million. The fund would keep 85% of staking rewards and pay investors cash distributions each quarter. BitMine Immersion Technologies said that feature could make ETH ETFs more attractive to yield-focused investors, a view BitMine Chairman Tom Lee endorsed. Pseudonymous trader DonAlt said he has already started building an Ethereum position and plans to add more in coming days, while also looking to increase exposure further if ETH revisits lower support.