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I noticed an interesting bullish crossover on the ETH/BTC ratio on the 1H timeframe. The RSI and the L2 KDJ are showing positive signals, but honestly, the price isn't really moving much for now.
The real barrier at the moment is this annual pivot level around 0.032. It's a strong resistance, reinforced by a downward trend line that still weighs on the prices. As long as BTC and ETH stay below this zone, it's hard to see a real upward move.
For me, this is the key point to watch. If we break this level, we could finally see volume come in. But for now, it's just a technical consolidation. To be continued.