Ehereum is showing signs of strength against Bitcoin on the monthly timeframe. After a prolonged downtrend, ETHBTC appears to have formed a potential bottom and is now gearing up for a bullish move.
My projection suggests that ETH will likely outperform BTC in the next 1-2 months, with price targeting the monthly order block zone around 0.06 BTC. This zone acted as a strong resistance previously and now represents a significant magnet for price.
A strong ETH rally will likely spill over into the broader altcoin market, potentially kicking off an altcoin season. This setup aligns with the historical pattern where Ethereum leads the charge before other altcoins follow.
This news is powered by TradingView 
