ETH: Attacks 0.03 Bitcoin Ratio as Alts Outperform

ETH is attacking the 0.03 level against Bitcoin as altcoins continue to outperform the flagship asset, according to trader @CryptoMichNL. BTC grinds higher in consolidation, fueling strength across the altcoin sector over the past six months.

Price action on the 4h chart places ETH at $1876.92 inside the Bollinger Bands with upper resistance at $1906.63 and lower support at $1862.42, while the EMA50 at $1890.72 caps upside and the EMA200 at $1852.26 offers deeper support. The RSI at 44.99 remains neutral and the MACD at -4.88 confirms the bearish death cross, suggesting a liquidity sweep lower in BTC could trigger a flush before altcoin outperformance resumes.