$ETH / $BTC Market Update
There’s been a noticeable rise in excitement across the crypto community lately, with many traders posting bullish charts and calling for the start of a potential altseason. While the optimism is understandable—especially with several altcoins showing short-term strength—it’s important to stay grounded and look closely at what the chart is actually telling us.
At the moment, the ETH/BTC pair is sitting right at a major resistance zone. This level has historically acted as a barrier, and until price can break through it with clear momentum and sustained confirmation, it’s difficult to shift the bias away from the bears. Many traders may interpret recent upward movement as an early sign of a trend reversal, but without a convincing breakout, it’s still considered a retest of resistance rather than a full bullish transition.
Market enthusiasm alone isn’t enough to flip a trend. What really matters is whether ETH/BTC can push above this resistance with strong volume and hold that level. If that happens, it could become a meaningful signal for broader altcoin strength. Until then, caution remains justified. Watching this zone closely will provide the best insight into where the market truly stands.
