ETH/BTC Update: Testing a Key Structure
Ethereum is showing relative stability against Bitcoin despite broader market volatility.
Current setup:
Support: Buyers are defending the 0.0329 BTC level, suggesting steady demand.
Price action: ETH/BTC is gradually moving toward the 0.0331 BTC area.
Structure: The pair continues to hold its recent range without breaking down.
Market context:
When support holds during uncertain conditions, it can indicate accumulation rather than distribution. Whether this develops into a breakout will depend on continued demand and broader market conditions.
