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The ETH/BTC exchange rate is currently stuck at a very critical level. Downward pressure remains, and the 0.035 line is being firmly held down by the bull market support line. However, the recent rebound signals are quite obvious—there is movement at the bottom support.
The key question is: if this rebound can hold, and Ethereum begins to regain ground against Bitcoin, the overall market sentiment will quickly shift. Everyone is now pondering—Is this a repeated bottoming breath, or a true sign of a reversal?
From a technical perspective, the performance of the support level determines the subsequent direction. If it can hold steady, the upside potential is worth期待ing. Conversely, it will continue testing deeper support levels. What do you all think—is this a short-term correction or a larger-scale turning point?