ETH/BTC - Weekly Strength DevelopingEthereum / BitcoinBINANCE:ETHBTCVIAQUANTBased on what has developed since last night, it is very important to examine the ETH/BTC chart. It is giving early signals that the bottom has been established and as flows stabilize across the broader market, ETH should begin reclaiming some of its dominance relative to Bitcoin. I outlined the early stages of this once before, but now on the weekly timeframe even more signs are emerging. Let's break them down: What Is ETH/BTC? Before diving in, it is worth explaining what the ETH/BTC chart actually measures, as it is one of the most important and underappreciated metrics in crypto. The ETH/BTC ratio shows the relationship between the value of Ethereum and the value of Bitcoin. For example, the current ratio of 0.0278 means that 1 ETH is equivalent to 2.78% of 1 Bitcoin. Put another way, it tells you how much of a Bitcoin you would need to spend to buy one Ethereum. This metric matters because ETH is historically the leading indicator for the broader altcoin market. When ETH begins to strengthen against Bitcoin it typically signals that risk appetite is returning to the crypto market and that altcoins as a whole are beginning to see renewed interest. I have been outlining the early signs of this developing across the broader altcoin market here as well: Over the past 12 hours a major development has occurred on the ETH/BTC chart. From the weekly close to now, ETH/BTC has increased by 3.73%, bouncing perfectly from oversold conditions on the RSI. This shows that market participants are actively converting their Bitcoin into ETH at this ratio, and it has occurred right below the golden pocket I outlined in my previous ETH/BTC idea. What to Expect Next With this strength now showing, here is what the structure suggests should follow. First, ETH/BTC is likely to rally back toward the 3% ratio, putting the pair around 0.030 - 0.031 once it makes contact with the orange dotted trendline. Once that orange dotted trendline is broken, ETH will begin to see significant appreciation compared to Bitcoin. The next major move from there would be nearly a 2x from the current ratio, putting ETH/BTC around the 5% level. This would align with both the 0.236 Fibonacci of the macro trend and the legacy trendline on the monthly chart. The Legacy Trendline This legacy trendline dates all the way back to January 2016 and up until October 2024 it acted as the floor for ETH/BTC throughout its entire history. October 2024 marked the point where focus shifted almost entirely onto Bitcoin around Trump's pre-election victory, leading to a breakdown of this trendline. Upon that breakdown, ETH/BTC saw multiple monthly candle body rejections at the legacy trendline in November 2024 and again in August 2025. I am projecting that the next candle body rejection will occur at the legacy trendline once again. Depending on timing it is difficult to say exactly what the ratio will be at that point, but most likely it will align with the 5% level. I also have the 40 level marked on the monthly RSI. This level has acted as a pivotal turning point throughout the entire lifespan of ETH/BTC, and the real sustained strength should emerge once the 40 level of momentum is reclaimed. In addition to all of the above, a potential monthly doji reversal is forming right within the golden pocket of ETH/BTC's current Fibonacci trend: There are still 15 days until the monthly close, but this is another early sign that indecision is entering the downtrend and buyers are beginning to step in and convert their Bitcoin to ETH at these lower ratio valuations. I will be updating this weekly USD chart for ETH next so keep an eye out for that: