Sevens: Why Long ETH / Short BTC Trades Matter Since July, ETH has significantly outperformed Bitcoin, with the ETH/BTC exchange rate up 130% from its April low. Sevens' report highlights that the impact of this trend has extended beyond the crypto space. Historically, strong ETH/BTC rallies have often preceded stock market surges, followed by sharp corrections. This pattern occurred before events like the 2018 sell-off, the 2020 crash, and the 2022 bear market. The current rally coincides with a tech-led stock market rebound, which contrasts with ETH's underperformance in 2023-24. Sevens warns that once the momentum of ETH/BTC fades, stock investors should remain cautious.