🚨 $ETHBTC WEEKLY UPDATE


This chart may be one of the most important charts in the entire crypto market right now.
$ETH has been bleeding against $BTC for a long time.
But now ETH/BTC is approaching a massive historical support zone around 0.028–0.027.
And this is exactly where major reversals started in previous cycles.
At the same time:
→ The falling wedge is nearing completion
→ Weekly RSI looks much healthier
→ Selling pressure is weakening
→ ETH/BTC stopped making aggressive new lows
That last point matters a lot.
Even while the market stayed weak, $ETHBTC failed to collapse further.
This could be the first real sign of bear exhaustion.
But let’s be realistic:
This is NOT #altseason yet.
For a true rotation into altcoins, ETH/BTC must:
→ break the downtrend
→ reclaim 0.033–0.034
→ and later secure acceptance above 0.04
Only then does real capital rotation begin:
$BTC → $ETH → Altcoins.
And historically, without ETH/BTC strength, real #altseason almost never happens.
My portfolio: $TEL $TIA $APT $AVAX $ETHFI $LDO $OP $ETH $ONDO $ENA $MANTA $ALGO $ZK $XNO
#BTC #Bitcoin #ETH #Ethereum #Crypto #Altcoins #BullRun #Trading #AltSeason #DeFi #Blockchain
ETH-1.03%
BTC0.64%
TIA-0.41%
APT-2.36%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin