ETH: Breaks Daily MAs Aiming for 0.032 BTC

ETH broke above critical daily moving averages, confirming the start of a strong uptrend according to trader @CryptoMichNL.

Any pullback offers a buy zone with the pair projected to extend toward the 0.032-0.0325 BTC range, aligning with historical ETH/BTC ratio levels that have preceded extended rallies in the past twelve months.

On the 4h chart ETH trades at $1758.53 inside the Bollinger Bands with price testing upper resistance at $1826.6 while the 50-EMA at $1683.33 and 200-EMA at $1746.71 provide layered support; despite the MACD death cross at 38.34, neutral RSI at 61.98 suggests a measured retracement to the 50-EMA before continuation higher, a setup that echoes prior Ethereum daily moving average breakouts performance.