ETH/BTC - Important Retest Taking PlaceEthereum / BitcoinBINANCE:ETHBTCVIAQUANTOne other chart for ETH worth examining is ETH/BTC. It is currently poised to start gaining strength against BTC, as long as the 200 MA on the daily continues to hold. Through December 2025 and most of January 2026, the ETH/BTC ratio held the 200 SMA as a level of demand (green arrows). However, once ETH/BTC confirmed a close below this key moving average on January 20, 2026, a massive decline followed which brought the ratio down to a significant low on June 6, 2026. I pointed this out in a previous idea I recommend reviewing: From that post, price did appreciate up to the 0.03 level. I made a follow up post when that occurred, which you can review here: As I stated in that idea, price still has a significant resistance zone it is struggling to clear between 0.03 and 0.031. With the lower timeframe structure currently being built, if the ratio can hold above the 200 MA, there is a real chance that resistance zone will be tested again and potentially broken. That could lead to a significant increase in ETH's value relative to BTC. Even the ETH/USD chart is aligning with what looks like early signs of a larger upside move approaching. You can review that idea here: