Markets· ★★★· bullish·

ETH/BTC Breaks 2017 Downtrend, $0.040 Emerges as Key Resistance

  • —ETH/BTC broke its downtrend for the first time since 2017
  • —$0.040 is the key resistance level to watch
  • —A break above $0.040 could trigger a broader Ethereum rally
  • —Failure below $0.040 would leave ETH in consolidation
Why it matters: The breakout will decide whether ETH starts outperforming BTC this cycle or stays range-bound.
Source: Coinpedia