ETHBTC
has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016. Price structure 2016:
Price structure 2017:
Volume and StochRSI:
2016
RSI
2016
Note:
ETHBTC
correlation to alts cycles could have been affected by the high number of ICOs and the ETH collected by all these projects.