The RSI pattern on ETH/BTC looks rather bearish. Not only did the RSI top in May2021, but it has been in a declining pattern since, and has recently retested a long-term support line starting from Sep2019, which was recently broken in Jan2022
If ETH should fall below .05BTC (Red-outlined circle), it may experience a relentless sell-off.
If ETH should fall below .05BTC (Red-outlined circle), it may experience a relentless sell-off.