ETHBTC is currently showing a significant structural recovery on the daily timeframe after a prolonged bearish phase that pushed price from the 0.035–0.036 resistance region into the major demand zone around 0.025–0.026.
The market previously formed a clear sequence of lower highs and lower lows, but the recent reaction from the lows has created a potential Change of Character (CHD), with ETHBTC reclaiming the 0.0315–0.0325 structural area and shifting short-term momentum back toward buyers.
The recent impulsive move from the 0.02578 low indicates strong demand absorption, followed by a consolidation phase below the major resistance zone. Current price action appears to be a controlled retest rather than a confirmed rejection, as ETHBTC continues to hold above the reclaimed structure.
Price is currently trading around the key resistance zone of 0.0325–0.0330, which aligns with:
• Previous breakdown area (support → resistance flip)
• CHD confirmation level
• Current consolidation resistance
• Liquidity resting above recent highs
• Path toward higher timeframe supply zone
This area represents the main decision point for the next expansion move.
Primary Scenario – Bullish Continuation
• Daily acceptance above 0.0325–0.0330
• Successful retest of the breakout area
• Continued ETH relative strength against BTC
Upside targets:
• 0.0350–0.0355 (Major Resistance Zone)
• 0.0365–0.0370
• Extension toward higher liquidity if momentum continues
A clean breakout above 0.0330 would confirm the structural recovery and could open the path toward the upper supply zone around 0.0355–0.0360.
Alternative Scenario – Bearish Rejection
• Failure to hold above 0.0325 resistance
• Rejection from the current consolidation top
• Loss of the breakout base around 0.0300
Downside targets:
• 0.0295–0.0300 (Demand / Retest Zone)
• 0.0275–0.0280 (Previous Accumulation Area)
• 0.0257 (Major Swing Low Liquidity)
A move below the lower demand structure would weaken the current recovery and suggest another liquidity sweep before a new attempt higher.
Key Levels
Immediate Resistance:
🔴 0.0325 – 0.0330
Major Supply Zone:
🔴 0.0350 – 0.0355
Higher Resistance:
🔴 0.0365 – 0.0370
CHD / Structural Pivot:
🟡 0.0315 – 0.0320
Key Demand Zone:
🟢 0.0295 – 0.0300
Major Demand:
🟢 0.0275 – 0.0280
Liquidity Low:
🟢 0.0257
Until ETHBTC loses the 0.0295–0.0300 demand zone, the daily structure remains constructive and the current consolidation can be viewed as a potential continuation setup.
Bias: Bullish above 0.0300
Key Decision Zone: 0.0325–0.0330
Bullish Confirmation: Acceptance above 0.0330
Upside Targets: 0.0355 → 0.0365
Bearish Invalidation: Sustained acceptance below 0.0295
The market previously formed a clear sequence of lower highs and lower lows, but the recent reaction from the lows has created a potential Change of Character (CHD), with ETHBTC reclaiming the 0.0315–0.0325 structural area and shifting short-term momentum back toward buyers.
The recent impulsive move from the 0.02578 low indicates strong demand absorption, followed by a consolidation phase below the major resistance zone. Current price action appears to be a controlled retest rather than a confirmed rejection, as ETHBTC continues to hold above the reclaimed structure.
Price is currently trading around the key resistance zone of 0.0325–0.0330, which aligns with:
• Previous breakdown area (support → resistance flip)
• CHD confirmation level
• Current consolidation resistance
• Liquidity resting above recent highs
• Path toward higher timeframe supply zone
This area represents the main decision point for the next expansion move.
Primary Scenario – Bullish Continuation
• Daily acceptance above 0.0325–0.0330
• Successful retest of the breakout area
• Continued ETH relative strength against BTC
Upside targets:
• 0.0350–0.0355 (Major Resistance Zone)
• 0.0365–0.0370
• Extension toward higher liquidity if momentum continues
A clean breakout above 0.0330 would confirm the structural recovery and could open the path toward the upper supply zone around 0.0355–0.0360.
Alternative Scenario – Bearish Rejection
• Failure to hold above 0.0325 resistance
• Rejection from the current consolidation top
• Loss of the breakout base around 0.0300
Downside targets:
• 0.0295–0.0300 (Demand / Retest Zone)
• 0.0275–0.0280 (Previous Accumulation Area)
• 0.0257 (Major Swing Low Liquidity)
A move below the lower demand structure would weaken the current recovery and suggest another liquidity sweep before a new attempt higher.
Key Levels
Immediate Resistance:
🔴 0.0325 – 0.0330
Major Supply Zone:
🔴 0.0350 – 0.0355
Higher Resistance:
🔴 0.0365 – 0.0370
CHD / Structural Pivot:
🟡 0.0315 – 0.0320
Key Demand Zone:
🟢 0.0295 – 0.0300
Major Demand:
🟢 0.0275 – 0.0280
Liquidity Low:
🟢 0.0257
Until ETHBTC loses the 0.0295–0.0300 demand zone, the daily structure remains constructive and the current consolidation can be viewed as a potential continuation setup.
Bias: Bullish above 0.0300
Key Decision Zone: 0.0325–0.0330
Bullish Confirmation: Acceptance above 0.0330
Upside Targets: 0.0355 → 0.0365
Bearish Invalidation: Sustained acceptance below 0.0295
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.