$ETH / $BTC Update
ETH/BTC continues to defend the 2018 support zone, nothing from yesterday’s view has broken.
What’s changed since yesterday:
No new lower low
Higher lows remain intact
Resistance is still overhead, but buying pressure is building
What this means:
This pair is compressing.
ETH doesn’t need to aggressively outperform BTC yet , it simply needs to stop bleeding, and that’s exactly what we’re seeing.
Historically, when ETH/BTC bases
at these levels, it often precedes:
ETH leadership
Broad altcoin strength
This chart remains one of the most important confirmations for an incoming altseason.
