This chart confirms alt weakness. ETH/BTC broke down below key support (~0.03 region). This is a major structural breakdown. Volume increased on the selloff → confirms real capital exit from ETH into BTC. Implication: Ethereum is losing value relative to Bitcoin. Until ETH/BTC reclaims lost support, altcoin rallies will likely be short-lived. Alt strength starts here — and it hasn’t yet.
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ETH/BTC (Most important alt chart)
This chart confirms alt weakness.
ETH/BTC broke down below key support (~0.03 region).
This is a major structural breakdown.
Volume increased on the selloff → confirms real capital exit from ETH into BTC.
Implication:
Ethereum is losing value relative to Bitcoin.
Until ETH/BTC reclaims lost support, altcoin rallies will likely be short-lived.
Alt strength starts here — and it hasn’t yet.