The #ETH/BTC 1D chart is showing promising signs with a double bottom forming at the 0.0383 level, indicating strong support. The price has rejected this level again, suggesting a potential reversal if it holds.

Although the descending trendline remains intact, the solid base and bounce from this key zone could lead to ETH making an attempt to break through resistance. Watch for a breakout around the 0.04 level as confirmation.

Expect some volatility—if ETH breaks above the trendline, it could generate upward momentum, potentially boosting the Altcoin Market. Let's see how this unfolds!