Crypto.news reports that Ethereum has surpassed a descending trendline against Bitcoin, leading traders to adopt a bullish outlook. This shift occurs amid ongoing withdrawals from U.S. spot Ether exchange-traded funds. Analysts Ash Crypto and Max Crypto highlighted this trend on November 3, indicating a potential change in market sentiment despite the ETF outflows.

Based on the crypto.news report; not independently verified.

Source published: Tue, 03 Nov 2026 20:30:00 +0000

[Read the original report](https://crypto.news/ethereum-eth-btc-trendline-breakout-etf-outflows/)

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