🔥🔥In the current market consolidation phase, we see an important phenomenon: ETH's performance relative to BTC shows greater potential. It resembles the previous price consolidation range. When the market adjusts and clears out some weak selling pressure, prices break through short-term resistance areas, gradually pushing local lows higher. Especially with the performance of ETH and other altcoins, there is a noticeable sense of rising potential building up.
From a technical perspective, the trend of the ratio between $BTC and $ETH has already formed a local support area. Once it breaks through the current resistance level, we may see a sustained upward momentum, which is an important signal worth paying attention to. This could be the beginning of a new upward wave!
If everything develops as expected, the next few days or even a week could be a key window for seizing opportunities again.
