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The ETH/BTC chart for three days shows a downward parallel channel that has been in place since August 2025. The pair has consistently been printing lower lows and lower highs within it for almost a year.
In July, the ratio finally managed to close above the upper boundary of the channel. Currently, ETH/BTC is trading around 0,0289, with Ethereum at US$1.881, down 2,2% over the past 24 hours. A new crypto whale has accumulated 50.000 ETH this month as this ratio rises by 6%.
This breakout faces two obstacles above it. The nearest resistance is at 0,0316, while the next barrier is at 0,0352. In

Bitcoin shakes amid Iran tensions and tariff worries
Bitcoin’s drop on Friday came amid a series of risk-avoidance signals. The U.S.-Iran conflict appears to have entered a new front after Iran-backed Houthi forces from Yemen attacked two Saudi vessels in the Red Sea, raising the potential for further supply disruptions to the oil market.
Crude oil prices jumped 15% this week, fueling fears of energy-driven inflation that could lead central banks worldwide to adopt a more hawkish stance.
Adding to the caution, the Donald Trump administration announced new trade tariffs against 60 trading partn