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ETH/BTC is still holding strong.
It broke out hard in June after getting wrecked for over a year, and is now consolidating above 0.030 right where it needs to.
🔹 Current price is 0.03043
🔹 Clean retest of breakout zone
🔹 MACD cooling off, but still bullish
🔹 Volume on the move up was real
As long as it holds 0.030, this looks like preparation for a bigger leg up.
The next level to watch is 0.0325.
Above that, ETH could start gaining serious ground on BTC. It's still early, but this might be the start of ETH strength coming back.