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ETH/BTC Price Action Update
The ETH/BTC trading pair is holding steady above 2018 structural support levels. What's interesting here is the pattern of clean rejections from this demand zone—multiple bounces show institutional buyers are actively defending the range. This consistent buying pressure at lower levels suggests strong support beneath the current price.
Looking at the recent price structure, higher lows are forming, indicating downside momentum is losing steam. This combination of structural support holding firm and weakening bearish pressure could signal a potential shift in the short-term bias. Traders watching this pair should monitor whether the pair can break above resistance or if buyers continue to defend these critical levels.