đ $ETH / $BTC Technical Analysis â Is Altcoin Season Brewing?
đŻ Key Technical Levels
Support: 0.03300 (7W MA), 0.03000 (recent low)
Resistance 1: 0.04111 (99W MA) â a breakout could ignite a surge đ
Resistance 2: 0.05000 â horizontal resistance from mid-2023
Resistance 3: 0.07000 â major top from early 2022
đ§ Summary: âAltcoin Season May Be Awakeningâ
The ETH/BTC pair gaining strength is a classic indicator that altcoins are preparing to outperform. Itâs a sign that investors are beginning to rotate out of BTC dominance and into more aggressive plays like L1s, DeFi tokens, AI coins, and even meme coins.
