Clean structure forming on $ETH/$BTC — we're breaking the downtrend that's held us down, and this isn't a fakeout. Higher lows are stacking, momentum is shifting, and the setup says Ethereum's about to run harder than Bitcoin.
Here's the roadmap:
50% retrace lands at $5766 — that's your first meaningful target. Clean Fibonacci level, should act as a magnet if we hold structure.
61.8% fib sits at $6658 — that's the golden pocket. If we clear $5766 with conviction, this is where the move completes.
Why it matters: When $ETH/$BTC breaks a multi-month downtrend and prints higher lows, it's not noise — it's a regime shift. Bitcoin might grind, but Ethereum's got the structure to lead.
Invalidation: If we lose the recent higher low and roll back under the trendline, the setup's dead. Until then, this is a textbook trend reversal in motion.
Watch the breakout hold, then target the fibs in order. This is how you trade relative strength — clean, structured, patient.
Here's the roadmap:
50% retrace lands at $5766 — that's your first meaningful target. Clean Fibonacci level, should act as a magnet if we hold structure.
61.8% fib sits at $6658 — that's the golden pocket. If we clear $5766 with conviction, this is where the move completes.
Why it matters: When $ETH/$BTC breaks a multi-month downtrend and prints higher lows, it's not noise — it's a regime shift. Bitcoin might grind, but Ethereum's got the structure to lead.
Invalidation: If we lose the recent higher low and roll back under the trendline, the setup's dead. Until then, this is a textbook trend reversal in motion.
Watch the breakout hold, then target the fibs in order. This is how you trade relative strength — clean, structured, patient.
