🚀 Exciting times for $ETH ! The ETH/BTC ratio is teasing a bullish trendline from 2016-17, similar to the 2019-20 accumulation zone that sparked the 2021 bull market. 📈

The MACD histogram hints at downtrend exhaustion, suggesting a potential upswing. Yet, sophisticated traders remain cautious, with ETH call options trading at a lower premium than BTC's.

Concerns linger over weaker demand for $ETH

spot ETFs and low network activity. What's your take on ETH's future? Let's discuss in the comments!