#PowellRemarks $BTC
๐ BTC/ETH Pair โ Classic Consolidation Before the Next Move?
The BTC/ETH trading pair is showing signs of tight consolidation near a crucial support zone.
๐ธ Current Structure:
Price is hovering near 0.052 BTC, with higher lows forming on the daily chart โ suggesting bullish accumulation.
๐ธ Key Levels to Watch:
Support: 0.0515 BTC
Resistance: 0.0532 BTC
Breakout Target: 0.055 BTC (if ETH outperforms)
๐ธ Why It Matters:
When BTC dominates, altcoins bleed. But when ETH starts gaining BTC value, it often signals an altseason brewing.
๐ก Strategy Tip:
Watch for a volume spike + breakout above resistance. That could trigger a strong ETH-led move across major alts.
๐ Stay ready โ BTC pairs often move before USD pairs react.
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