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MARKET UPDATE: $ETH/BTC
$ETH
$ETH/BTC continues to trade inside the broader descending channel on the daily timeframe.
Price is currently around 0.0294 BTC, sitting near the lower boundary of the structure around 0.0286–0.0290 BTC.
As long as this lower channel support holds, a relief bounce toward 0.032–0.034 BTC remains possible.
However, a clean breakdown below 0.0286 BTC would signal continuation lower and confirm vs BTC.
#BuyTheDipOrWaitNow? #ETH