ETHUSDT

Perp

2,898.13

+3.33%

BTCUSDT

Perp

87,512.5

+1.09%

$ETH /$BTC is once again testing its 8-year descending resistance trendline. This level has capped every major relative ETH rally over the past cycles.

A confirmed break and hold above this trendline would mark a structural shift in favor of ETH and altcoins. Until that happens, this remains resistance, not confirmation.