#ETH /BTC finally we have this making some good movement. We made a quick break of the orange range and we are now testing this resistance area that has been holding for an entire month.
Today we particularly saw ETH outperforming BTC and leading the Altcoins, which is a necessary setup for an altcoin bull season.
Notice that the current setup is quite well known: ETH/BTC rising and the dominance of $BTC falling rapidly.
I always try to maintain cautious optimism when it comes to ETH, but it should start to lead soon, we have everything to initiate a significant rise across the entire altcoin market, and we still need ETH to lead this.
Therefore, a break of this current resistance is quite likely in the coming days.
Any pullback here, the BULLS must necessarily keep this above the orange range on the chart. It looks ready to lead.