Ethereum has shown much strength in Q4 here when it usually gets depressed. For me that is highly bullish sign on Ethereum, and I think it stands to at least attempt a run at the ATH ratio ETH/BTC. Time will tell. I am not sure a flip will happen, but I am excited for ETH here in the next few months.
I think the main reason why ETH S continues to rise is because it is the second most important currency considered after BTC, in addition to observing the market it is still the leading currency in terms of projects in the ERC-20 network, and if we add that there are many who are ETH fans and who have always liked ETH and buy at every drop, for now they are making a lot of profit, and as long as BTC remains stable at a price above + $ 60k it will always be the best deal and when establishing that ETH grows faster than BTC is an advantage that it has that is very evident.