The Ethereum/Bitcoin (ETH/BTC) pair is showing signs of a bottom, and on the USD chart, we are seeing a clean breakout above the key resistance zone. With the increasing TVL (Total Value Locked) in Layer 2s and the burn rate rising, the supply squeeze is real.

​Next target? We’re looking at the psychological resistance levels. Don’t sleep on the Merge king! 💎

$BTC

BTC

70,615.33

-3.73%

$ETH

ETH

1,992.28

-0.07%