
Daan Crypto Trades|Mar 14, 2025 07:33
ETH Has been consolidating since the big dump.
It has formed this falling wedge pattern which could be a decent structure for a local trend reversal.
But for that to occur I'd want to see the breakout and hold above the white zone. If it can do that, we can start looking for tests into the 2K+ region again.
The ETH/BTC ratio is still near multi-year lows. Has shown some resilience the past day or so but that's not nearly enough evidence to say it is due for some relief. Need to see sustained strength.
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