According to @CryptoMichNL, the ETH/BTC pair is compressing while trading above the 21-day moving average, pointing to a bullish breakout bias. Source: @CryptoMichNL on X, Jan 16, 2026. He states that ETH versus BTC holding above the 21-Day MA supports the expectation of an upside break in the ratio. Source: @CryptoMichNL on X, Jan 16, 2026. An upside break in ETH/BTC would imply ETH outperformance relative to BTC, a trading dynamic highlighted by the author. Source: @CryptoMichNL on X, Jan 16, 2026.