Ash Crypto said on X that ETH/BTC is sitting at a key breakout point. He described the pair as forming a triangle pattern with lower highs and higher lows, a setup that has narrowed the trading range and may signal a larger move ahead. In his view, a breakout above the trendline could lift ETH to $2,800, while a rejection may send it back to the $2,000-$2,200 area. He added that ETH is preparing for a sizable move either way.
ETH/BTC is approaching a key breakout point
Odaily Planet Daily reported that Ash Crypto wrote on X that ETH/BTC is now at a key breakout point.
He said the pair has formed a triangle pattern marked by lower highs and higher lows. The range has been tightening, which he said points to a larger swing in price ahead.
$2,800 upside, or a pullback to $2,000-$2,200
According to Ash Crypto, a break above the trendline could push ETH to $2,800. If the move is rejected, he said ETH may fall back to the $2,000-$2,200 area.
He added that, whichever way it breaks, ETH appears to be preparing for a larger move.
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