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I observe an interesting structure on the ETH/BTC pair right now. We clearly see a bullish pennant that has formed, and it seems that we recently had a breakout. The question now is whether we will see a bullish retest of this level. Personally, I think yes, it could test the support/resistance zone. To be closely watched to see how BTC and ETH react at this level. Current data shows ETH at 2.32K with a 3% drop over 24 hours, and BTC at 77.44K with a slight 1% decline. Interesting to follow in the coming hours.