$ETHBTC — ETHBTC is starting to show some strength, breaking out of the local downtrend for the first time in weeks.

But for me, this isn’t a confirmed breakout yet.

I’ll only treat it as a real shift in momentum once price makes a clean flip of the daily supply zone (red box) — the same zone that’s capped every rally throughout November.

Until that level is reclaimed, this remains just early signs, not confirmation.

Lets see in the coming days if we can get that flip.

#ETH #ETHUSDT #ETHBTC