ETH/BTC pair shows bullish signals: Here are key levels to watch
The ETH/BTC pair is trading within a bullish pattern on the monthly timeframe, which could influence a positive price movement.
Buying activity is gaining momentum as more traders adopt a bullish outlook.
Ethereum’s [ETH] recent performance has been lackluster. After reaching a high of $4,100 on 2nd December, ETH quickly lost 20.13%, falling to $3,200 per Trading View. This sharp decline suggests a persistent selling pressure in the market.
Despite the selling activity, a new bullish pattern has emerged—a high-probability setup implying that sellers may soon lose dominance as buyers step in to drive prices higher.
